European stocks head for best week since November as investors wait for U.S. jobs data

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European equities moved mostly higher on Friday, after a batch of upbeat earnings, while U.S. stock futures inched up ahead of key jobs data.

European stocks were headed for the best weekly return since November amid a flurry of fresh earnings news on Friday, while U.S. equity futures also rose modestly ahead of a big piece of data — nonfarm payrolls.

Investors on both sides of the Atlantic will be focused on January U.S. jobs data, with expectations for a jobs gain of 55,000, according to economists contacted by Dow Jones Newswires and The Wall Street Journal. But the labor market continues to struggle from the winter onslaught of COVID-19. Among stocks on the move, shares of Beazley BEZ, +14.45% surged 13%, after the specialty insurer swing to a pretax loss for 2020, but said it was upbeat about its performance in 2021.

 

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Marketwatch got the 'picture ' of bridge cranes at a shipping port unloading freight cargo boxes from China. Its going to be a long wait for a $ 15.00 minimum wage job in the U.S.

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