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LIVE MARKETS-STOXX steady, heads for small weekly rise

ReutersJun 6, 2025 7:57 AM

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STOXX 600 flat
Eyes on payrolls
Wall St futures rise

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STOXX STEADY, HEADS FOR SMALL WEEKLY RISE

Europe's STOXX 600 index is little changed on Friday before key U.S. jobs data, but is still heading for a small weekly rise, its seventh positive week in eight.

The pan-European benchmark is up 0.6% this week and is now less than 2.5% below its all-time intraday high from March, having rebounded 19% since its April low after U.S. President Trump announced reciprocal tariffs.

Market breadth is relatively narrow with 278 advancers and 295 decliners in the STOXX 600, with 27 stocks little changed.

Healthcare .SXDP leads gainers while China exposed sectors - such as miners .SXPP, autos .SXAP and luxury .STXLUXP - are some of the worst performers.

Elsewhere, Britain's FTSE .FTSE is up 0.2%, while Germany's DAX .GDAXI is down 0.3% and France's CAC .FCHI is shedding 0.2%.

Attention is now turning to Friday's U.S. labour market report, where a slowdown in nonfarm payrolls is expected.

Economists polled by Reuters expect 130,000 new jobs were created last month, below April's 177,000. Forecasts range from 75,000 to 190,000.

Here's your opening snapshot:

(Samuel Indyk)

FRIDAY'S OTHER LIVE MARKETS POSTS:

EUROPE BEFORE THE BELL: CAUTIOUS TONE BEFORE PAYROLLS CLICK HERE

TRUMP-MUSK FEUD SHAKES MARKETS PRE-PAYROLLS CLICK HERE

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