European Shares Edge Higher Ahead of US Jobs Data

European Shares Edge Higher Ahead of US Jobs Data
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, on June 30, 2022. Staff/Reuters
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LONDON—European shares edged higher on Friday and were set for a small weekly gain as investors waited for U.S. jobs data to indicate the health of the world’s biggest economy, while recession fears receded slightly.

Comments by U.S. Federal Reserve policymakers and news of Chinese fiscal stimulus on Thursday had improved sentiment, analysts said, but this was tempered by news of the shooting of former Japanese prime minister Shinzo Abe, who died of his injuries on Friday.