European shares attempted on Friday to recoup losses sustained during the previous session's global sell-off but lacked thrust from Wall Street and Asian markets for a significant rebound.
By 0814 GMT, the euro zone's STOXX index was up 0.9 per cent after falling 3.2 per cent during Thursday's rout, which was triggered by fears the US dispute with China could worsen to a full-out trade war.
Futures for US indexes S&P 500 were trading down 0.6 per cent after ending the previous session slightly in negative territory but well above their session lows. Traders were focused on incoming US jobs data later in the session and whether it could shed any light on the health of the economy and the pace at which the Federal Reserve will raise interest rates.
Shares in German healthcare group Fresenius were the top losers in early trading, down 10.5 per cent and set for their worst day since 2002. Associated British Foods shares fell 2.5 per cent after reporting that trading at its Primark fashion chain was challenging in November.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.