European stocks mixed; earnings in focus ahead of key payrolls release

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European stocks mixed; earnings in focus ahead of key payrolls release

Investing.com - European stock markets traded in a mixed fashion Friday, with investors digesting more corporate earnings, including from iPhone maker Apple stock rose 3.7% after France's second-biggest listed bank posted a forecast-beating 55% jump in first-quarter net profit, helped by corporate and investment banking sales that outperformed rivals.) stock rose 5.

Financial markets continue to expect the central bank to start its easing cycle in September, but strong numbers could see this window start to close.Crude prices edged higher from near seven-week lows Friday, but were headed for steep losses this week on demand uncertainty, robust U.S. stockpiles and easing tensions in the Middle East.Both benchmarks were set to lose between 5% and 6% this week, as investors worried about the prospect of higher-for-longer interest rates curbing growth in the U.

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