News

European oil shares help push index higher

Stoxx Europe 600 gains, with all but the utility and consumer services sectors moving higher

Friday 10 March 2017 at 09:24

European oil shares help push index higher

European stocks pushed higher Friday, with recovery in oil shares after a selloff helping the market narrow losses for the week before the arrival of the closely watched US monthly jobs report, MarketWatch reports.

The Stoxx Europe 600 was up 0.5% at 374.61, with all but the utility and consumer services sectors moving higher. The index on Thursday rose 0.1%. For the week, the pan-European gauge was looking at a 0.1% decline.