European stocks saw a significant weekly drop Friday. Investors are concerned about growth and inflation due to Middle East conflict disrupting energy supplies. The STOXX 600 index fell, marking a two-week low and ending a four-week gain streak. Most regional markets also declined. Technology stocks saw gains, boosted by SAP’s strong performance. Healthcare and financials lost ground.
Nasdaq rises 1%, Dow, S&P close higher as weak jobs data tempers rate hike bets
U.S. stocks finished higher following a weaker-than-expected jobs report which eased rate hike expectations. Nonfarm payrolls rose by only 29,000, significantly below economists’ forecasts of