European shares fall ahead of U.S. payrolls report
* FTSEurofirst 300 down 0.4 pct
* ArcelorMittal lower after no change to guidance
* Monte Paschi higher after results
* Miners, energy share top sectoral fallers (ADVISORY- Reuters plans to replace intra-day European and UK stock market reports with a Live Markets blog on Eikon (see cpurl://apps.cp./cms/?pageId=livemarkets for site in development) Adds details, updates prices)
By Danilo Masoni
MILAN, May 6 (Reuters) - European shares fell slightly on Friday, as investors awaited the U.S. April payrolls report for more clues about the interest rate outlook in the world's largest economy
ArcelorMittal was among the leading losers after the world's largest steelmaker kept its guidance unchanged.
"Main focus today will be on US employment data this afternoon," Markus Huber, trader at City of London Markets said.
"Even with the Fed appearing very eager to give the impression that the economy is doing well and that more rate hikes are in the offing rather sooner than later, recent economic data has been showing a mixed picture at best. Consequently only a much stronger than expected Non-Farm payroll number is likely to spook markets," he added. Continuación...