European Factors to Watch-equity futures slightly down

lunes 7 de marzo de 2016 03:48 GYT

(Updates futures prices, adds company news)

MILAN, March 7 (Reuters) - European shares were expected to open slightly lower on Monday following gains seen last week and after a mixed close in Asia.

Futures on the Euro STOXX 50, Germany's DAX, France's CAC and Britain's FTSE were all down by between 0.30-0.44 percent by 0748 GMT.

Asian shares hit two-month highs on Monday, extending sharp gains from last week, following upbeat U.S. jobs data, a rebound in oil and commodity prices and a flurry of reassurances from Chinese leaders that the economy would remain on sound footing.

But Tokyo shares snapped a four-day winning streak as investors took profits from a sharp rally last week.

On Friday, the pan-European FTSEurofirst 300 index rose 0.7 percent, scoring its third straight week of gains, as strong U.S jobs data eased concerns about a possible recession in the world's largest economy.