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European markets open mixed amid earnings, data


Monday, 4 February 2019 15:26 WIB

Stoxx 600Saham EropaStoxx Europe 600


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European stocks opened mixed on Monday morning, after stronger-than-anticipated U.S. jobs growth helped to improve fragile market sentiment.

The pan-European Stoxx 600 was flat shortly after the opening bell, with sectors and major bourses pointing in opposite directions.

Market focus is largely attuned to economic data, following a surge in optimism on Wall Street at the end of last week. A U.S. Labor Department report on Friday showed nonfarm payrolls jumped by 304,000 last month - the largest gain since February 2018.

The jobs report, along with better-than-expected manufacturing figures, pointed to underlying strength in the world's largest economy.

Back in Europe, Britain is expected to publish construction PMI figures for January at around 9:30 a.m. London time.

Source:  CNBC


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