Markets unmoved by broadly in-line US jobs data

Published April 4, 2014 4:10pm ET



LONDON (AP) — European stocks closed the week on a high Friday after investors concluded that U.S. jobs data wouldn’t prompt a change in the Federal Reserve’s policy stance. U.S. stocks, however, gave up some early gains to trade modestly lower.

The U.S. Labor Department found that the world’s largest economy added 192,000 jobs in March. That was slightly below February’s total of 197,000 but more or less exactly the consensus of analysts’ expectations. The unemployment rate was unchanged at 6.7 percent.

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