LONDON, July 5 - Wall Street stocks rose on Friday after data showed U.S. job growth slowed to a still-healthy pace in June.
French stocks have recovered ground after they were sold off sharply following the surprise election announcement last month. The euro has benefited from renewed U.S. rate-cut speculation. MSCI's world stock index , touched a record high. It remained near there and was last up 0.05%. European shares rallied 0.3% , while Japan's Nikkei , and broader Topix , also logged record levels.
"Even a centrist Labour government will not be as pro-business or libertarian as a Conservative one, and we should anticipate many changes in the detail of tax and sectoral policies in the weeks ahead, some of which will be contentious," said Gardiner.Non-farm payrolls increased by 206,000 jobs last month, the U.S. Labor Department's Bureau of Labor Statistics said in its closely watched employment report on Friday.