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European shares mixed as strong US jobs data impact wanes
Aya El Sayed Published in Amwal Al Ghad on 07 - 10 - 2024

European shares exhibited mixed performance on Monday as the initial excitement over last week's robust US jobs data subsided, leading to pressure on rate-sensitive sectors like real estate and utilities due to rising bond yields.
By 6:15 ET (10:15 GMT), the pan-European STOXX 600 index was down 0.12 per cent, Germany's DAX had declined by 0.24 per cent, while France's CAC 40 saw a marginal increase of 0.04 per cent. Switzerland's SMI also dipped by 0.01 per cent.
In contrast, London's FTSE 100 rose by 0.28 per cent, and Spain's IBEX 35 experienced a slight gain of 0.49 per cent.
Attribution: investing.com, Amwal Al Ghad English, Reuters
Subediting: M. S. Salama

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