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The Economic Times

Anupam Nagar

Global Market: European stocks rise as bond selloff eases; investors await U.S. jobs data

Euro Deutsche Telekom Bonds Oil United States US Federal Reserve

European stocks rose on Thursday after three consecutive sessions of losses as a global selloff in government bonds showed signs of easing, while investors shifted their focus to upcoming U.S. economic data for clues on the Federal Reserve’s monetary policy outlook, Reuters reported.

The pan-European STOXX 600 index gained 1% to 646.15 by 0710 GMT, after touching a one-month low in the previous session.

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