European stocks higher; SocGen gains ahead of key U.S. payrolls release

Investing.com - European stock markets traded higher Friday, continuing the previous session’s positive tone on optimism around peak global rates, although focus was on key U.S. payrolls data later in the day.European equities are having a strong week, following the lead from Wall Street, boosted by retreating global yields, surprisingly healthy corporate earnings and, most importantly, optimism that a number of senior central banks have concluded their rate-hiking cycles.

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