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European stocks push higher on US jobs data

Saturday, 7 June 2014


Europe's main stock markets advanced on Friday, as traders welcomed data that showed the US economy has recovered to a pre-crisis jobs level. London’s FTSE 100 index of top companies climbed 0.66 per cent to close at 6,858.21 points, while Frankfurt's DAX 30 tacked on 0.40 percent to 9,987.19 points, and the CAC 40 in Paris added 0.71 percent to close at a new record high for the year at 4,581.12 points. Madrid jumped 1.73 percent and Milan shot up 1.54 percent. ‘European stock markets pushed higher today, pleased with a US jobs report that neither under nor overwhelmed,’ said analyst Jasper Lawler at CMC Markets UK, according to AFP.