European stocks rise as investors eye global data

European stock markets were higher Friday, as investors await a key U.S. jobs report.

The regional Stoxx 600 index opened flat before moving to a 0.3% gain, with almost all sectors in the green.

Oil and gas stocks climbed 1.8% after analysts raised 2023 oil price forecasts for the first time in four months in a Reuters poll released Thursday.

Autos stocks fell 1.46%, however, after a survey from Germany’s ifo Institute flagged a deterioration in sentiment among automakers; almost half said a lack of orders was impeding production.

Fidelity European Trust PLC (LON:FEV) aims to be the cornerstone long-term investment of choice for those seeking European exposure across market cycles.

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