London — On Friday morning, European markets pushed higher as investors worldwide anticipated the release of a significant jobs report from the United States in November.
As most sectors saw positive trading, the pan-European Stoxx 600 index was up 0.5% by mid-morning, led by gains of 1.2% from travel and leisure firms.
Thursday saw a reversal of gains from the previous day, with the European blue chip index closing 0.3% lower.
As investors attempt to predict the expected trajectory of interest rate decisions from the Federal Reserve over the coming year, all eyes will be on the November nonfarm payrolls report, which is due at 2:30 p.m. London time.
Early premarket action on U.S. stock futures showed minimal movement after the Dow and S&P 500 ended three-day losing streaks on Thursday, while the Nasdaq Composite saw a 1.4% increase.
Source (CNBC)
