MW:Europe stocks drop further as U.S. jobs disappoint
By Barbara Kollmeyer
MADRID (MarketWatch) -- Disappointing June jobs growth in the U.S. triggered additional losses for European markets on Friday. The Labor Department said 80,000 jobs were added in the month, against expectations for a gain of 100,000. Down 0.3% ahead of the data, the Stoxx Europe 600 index XX:SXXP -0.26% extended that loss to a drop of 0.6% to 255.43. The Spain IBEX 35 index XX:IBEX -1.72% , under pressure as bond yields inched towards the key 7% level, raced ahead with a drop of 1.7% to 6,837.30. The French CAC 40 index FR:PX1 -0.46% fell 0.7% to 3,206.16 and the FTSE 100 index UK:UKX -0.17% fell 0.4% to 5,670.92. Oil and bank stocks led the losses. The German DAX 30 index DX:DAX -0.38% fell 0.8% to 6,480.26.
