European stocks set to open slightly higher as investors await U.S. payrolls data

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European stocks are expected to open slightly higher on Friday as market participants brace themselves for U.S. jobs data later in the session.

, with investors fearful that if the tight labor market holds up the Federal Reserve could keep interest rates higher for longer.

Generative artificial intelligence — or the usage of generative models powered by AI to generate text, images, or other media — is taking the world by storm and it's not just the U.S. tech giants that are set to benefit, according to Morgan Stanley.

 

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