European shares regain poise after sell-off; easyJet surges

viernes 3 de octubre de 2014 09:21 GYT

* FTSEurofirst 300 up 0.7 pct, bounces back

* Stocks add to gains after better-than-expected U.S. jobs

* German market closed for holiday

By Blaise Robinson

PARIS, Oct 3 (Reuters) - European stocks regained some poise on Friday after the previous session's sharp sell-off, led by shares of easyJet rising after the airline lifted its earnings forecasts.

The market extended its gains in afternoon trading, boosted by better-than-expected U.S. job data, which showed U.S. non-farm payrolls rose by 248,000 last month and the jobless rate fell to 5.9 percent, the lowest since July 2008.

"These are pretty strong figures, especially the unemployment rate," Saxo Bank trader Andrea Tueni said.

"It's tempting to see this as 'the glass half-full': good news for the economy means good news for the market. But investors seem cautious because ultimately it could raise the chances to see the Fed raising rates earlier than what the market currently expects."

Banking shares featured among the top gainers, with Italy's Intesa SanPaolo up 2 percent and Spain's Bankinter up 1.6 percent.   Continuación...