MARKET WRAPS
Watch For:
Germany industrial production index, retail trade, foreign trade price indices; France foreign trade, balance of payments; UK Halifax house price index; Italy retail sales; trading updates from BMW, SAS
Opening Call:
European and U.S. stock futures inched lower ahead of the release of the U.S. jobs report later Friday. Major Asian stock benchmarks fell; the dollar and Treasury yields dipped; while oil futures wavered in choppy trade and gold edged lower.
Equities:
Shares in Europe may struggle for momentum Friday ahead of the U.S. jobs report, as investors continue to grapple with intense market swings.
U.S. stock indexes closed lower Thursday after data showing jobless claims last week rose, which was more than economists had expected.
“This week has been a really good example of where market psychology is, ” said Chris Zaccarelli, chief investment officer at Independent…
