• European stocks close: most stocks closed lower after the mixed U.S. job report

Market news

7 November 2014

European stocks close: most stocks closed lower after the mixed U.S. job report

Stock indices closed lower after the mixed U.S. job report. The U.S. economy added 214,000 jobs in October, missing expectations for a rise of 229,000 jobs, after a gain of 256,000 jobs in September. September's figure was revised up from a rise of 248,000 jobs.

The U.S. unemployment rate declined to 5.8% in October from 5.9% in September. That was the lowest level since July 2008.

Analysts had expected the unemployment rate to remain unchanged.

Germany's trade surplus climbed to €18.5 billion in September from €17.5 billion in August, exceeding expectations for a rise to €18.3 billion.

German adjusted industrial production rose 1.4% in September, missing expectations for a 2.1% gain, after a 3.1% drop in August. August's figure was revised up from a 4.0% fall.

France's trade deficit narrowed to €4.7 billion in September from €5.0 billion in August, beating expectations for an increase to a deficit of €5.2 billion. August's figure was revised up from a deficit of €5.8 billion

French industrial production was flat in September, beating expectations for a 0.1% decline, after a 0.2% fall in August.

Indexes on the close:

Name Price Change Change %

FTSE 100 6,567.24 +16.09 +0.25%

DAX 9,291.83 -85.58 -0.91%

CAC 40 4,189.89 -37.79 -0.89%

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