MW:Europe stocks up after U.S. nonfarm-payrolls data
By Sara Sjolin
LONDON (MarketWatch) -- European stock markets moved firmly higher in afternoon action on Friday after data showed 169,000 jobs were added to the U.S. economy in August, missing expectations of a 173,000 rise. The unemployment rate ticked down to 7.3% from 7.4%, but that was because fewer people were looking for work. The Stoxx Europe 600 index XX:SXXP +0.04% climbed 0.4% to 305.83, after trading as low as 303.81 ahead of the data. The U.K.'s FTSE 100 index UK:UKX +0.06% gained 0.3% to 6,549.40, while France's CAC 40 index FR:PX1 +0.04% added 0.5% to 4,025.77. Germany's DAX 30 index DX:DAX -0.01% rose 0.2% to 8,251.27.
