PARIS (Reuters) – European markets opened moderately higher on Friday, with investors remaining cautious ahead of the publication of the monthly report on non-farm employment in the United States later in the day.
In Paris, the CAC 40 advanced 0.46% to 7,462.62 points around 08:31 GMT. In Frankfurt, the Dax gained 0.18%, compared to 0.12% for the FTSE in London.
The pan-European FTSEurofirst 300 index takes 0.12%, the EuroStoxx 50 0.28% and the Stoxx 600 0.17%.
Futures on New York indices suggest a mixed opening on Wall Street, with the Dow Jones showing no clear direction, compared to a drop of 0.13% for the Standard & Poor’s 500 and 0.22% for the Nasdaq.
The monthly non-farm payrolls report, released by the US Department of Labor at 1:30 p.m. GMT, will provide a complete picture of the state of labor markets across the Atlantic in November.
The indicator is crucial because it comes ahead of the next Federal Reserve meeting scheduled for December 13, with the central bank having repeatedly indicated that labor market resistance to its rate hikes is supporting inflation dynamics.
Several indicators published this week nevertheless rule out the risks of an upward surprise, the number of job offers in October and private job creations in November having declined, while new unemployed registrations have increased. last week.
In terms of values, Vivendi advances by 2.51% after its inclusion in the CAC 40 index, in place of Worldline.
(Written by Corentin Chappron, edited by Kate Entringer)
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