European shares turn lower after disappointing U.S. jobs data

viernes 3 de junio de 2016 09:15 GYT
 

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* FTSEurofirst 300, STOXX 600 down 0.2 pct

* U.S. jobs data disappoint

* Accor up on report Jin Jiang plans to hike stake

* Banco Popolare shares touch fresh record lows

By Atul Prakash

LONDON, June 3 (Reuters) - European shares fell on Friday, reversing earlier gains after weaker-than-expected U.S. jobs data, while Accor soared on reported plans by a Chinese firm to raise its stake in the hotel group.

The U.S. economy created the fewest number of jobs in more than five years in May, suggesting weakness in the labour market that could make it hard for the Federal Reserve to raise U.S. interest rates.

The FTSEurofirst 300 was down 0.2 percent by 1240 GMT, after rising around 0.7 percent earlier in the session. The index was down 1.6 percent for the week; it had gained for the previous three weeks running. The STOXX Europe 600 index was also down 0.2 percent.   Continuación...