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DJ European Stocks Trade Mixed After US Payroll Data -- Market Talk

· 02/05/2021 12:20

17:20 GMT - European stocks close mixed following downbeat US non-farm payroll data and concerns about a potential return of market volatility sparked by retail-investor stock-buying. The Stoxx Europe 600 is flat, the FTSE 100 drops 0.2% and the DAX edges lower, though the CAC-40 and Italy's FTSE MIB finish the session 0.9% and 0.8% higher respectively. The price of a barrel of Brent crude increases 0.9% to $59.36. Some caution has returned to the equity markets after online brokerage Robinhood lifted trading restrictions imposed amid a battle between amateur investors and hedge funds, says CMC Markets. "The US non-farm payroll report was broadly negative," says CMC's David Madden. (philip.waller@wsj.com)

(END) Dow Jones Newswires

February 05, 2021 12:20 ET (17:20 GMT)

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