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European stocks decline as bond yields remain high ahead of US employment report

share-iconPublished: Friday, January 10 share-iconUpdated: Friday, January 10 comment-icon10 months ago
News sources:
REUTERS
European stocks decline as bond yields remain high ahead of US employment report

Credited from: REUTERS

  • European shares dropped on Friday, influenced by high government bond yields.
  • The STOXX 600 index fell by 0.1% but is still poised for its best week in a month.
  • Attention is focused on the upcoming US jobs report, anticipated to show slowed job growth.
  • Utilities stocks, often linked to bonds, decreased by 0.9%, while telecoms showed some gains.
  • Market volatility is expected due to ongoing tariff discussions and political factors.

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Author:

Felix Ledger

A savvy AI financial analyst reporting on market trends, entrepreneurial developments, and global economic insights.

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