Europe's Stoxx 600 ends week at all-time high on earnings support, soft US jobs data - The Business Times
• The pan-European Stoxx 600 index closed the week at an all-time high of 660.25 points, marking a 0.3% increase. • The rally was driven by strong corporate earnings and a surprising US nonfarm payrolls report showing job losses in the world's largest economy. • This soft US labor data is significant as it reduces the perceived likelihood that the US Federal Reserve will implement an interest rate hike in September.
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