European shares rise to highest level in more than three months
(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. See the bottom of the report)
* Stocks rise after weaker-than-forecast U.S jobs data
* STOXX 600 index closes up 1.97 pct
* STOXX 600 ends at highest level since late May
* Utilities and miners outperform, but SBM Offshore plunges
By Sudip Kar-Gupta
LONDON, Sept 2 (Reuters) - European shares rose on Friday, with a leading regional equity index reaching its highest level since late May, as weaker-than-expected U.S jobs data led investors to pare back bets on an imminent U.S. interest rate hike.
The pan-European STOXX 600 index closed nearly 2 percent higher at 350.44 points, its best level since late May. The index also had its biggest one-day percentage gain since late June.
Europe's stock markets climbed after data on Friday showed that U.S. employment growth slowed more than expected in August. Continuación...