European markets set to open lower ahead of U.S. jobs report

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European stocks are expected to open lower Friday as investors look ahead to a key U.S. jobs report later in the session.

The market, focused on the link between inflation pressures and the reopening of U.S. businesses, is on tenterhooks before the release of the jobs report Friday, which is likely to show an additional 671,000 nonfarm payrolls in May, compared to the 266,000 jobs that were added the month before, according to economists polled by Dow Jones.

On Wall Street, U.S. stock futures were little changed in overnight trading Thursday ahead of the May jobs report. This after new unemployment data released Thursday . First-time claims for unemployment benefits for the week ended May 29 totaled 385,000, compared to the Dow Jones estimate of 393,000. It also marked the first time that jobless claims fell below 400,000 since the early days of the pandemic.were mixed in Friday trade, as investors looked ahead to the Reserve Bank of India's interest rate decision.

Back in Europe, there are no earnings announcements due but euro zone retail sales data will be released at 10 a.m. London time.

 

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Europe should worry about themselves not the united states

Why? European relied on us shit

thanks

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