Europe: Stocks rebound ahead of US jobs data
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[LONDON] European stock markets rebounded at the open on Friday, a day after falling on concerns over interest rate hikes and a plunge in the share price of Facebook parent company Meta.
London's benchmark FTSE 100 index was up 0.8 per cent to 7,587.83 points, as traders looked ahead to US monthly jobs data out Friday.
In the eurozone, Frankfurt's DAX index gained 0.3 per cent to 15,420.39 points and the Paris CAC 40 advanced 0.6 per cent to 7,049.80.
Analysts said concerns over the US tech sector after Meta shed more than a quarter of its value on Thursday had been offset by strong earnings from Amazon. AFP
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