European Stocks Edge Higher as Investors Await US Job Data [Financial Post (Toronto, Ontario, Canada)]
DSV A/S UNSP/ADR (DSDVY)
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Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — European stocks ticked higher at the open on Friday, reversing some of the week's losses ahead of US jobs data which could give investors better clarity about the Federal Reserve's next move. The Stoxx Europe 600 Index gained 0.1% at 9:15 a.m. in Paris, tracking similar small moves in US futures contracts. The energy and real estate sectors led gains while media equities were among the biggest laggers. DSV A/S jumped after the Danish freight-forwarding company sold €5 billion worth of new shares without resorting to a discount to finance its takeover of DB Schenker. Europe's regional benchmark index is on course for a weekly loss of more than 2%, with the sentiment boost provided by China's recent stimulus announcements gradually faded as escalating tensions in the Middle East sapped risk appetite. Investors are concerned that, should Israel s
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