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European stocks fall on disappointing U.S. employment data, fears of Omicron

The major European stock markets ended with a decline on the 3rd (local time).

The London Stock Exchange’s FTSE 100 index closed at 7,122.32 on the same day, down 0.10% from the closing price of the previous trading day.

The DAX30 index of the Frankfurt Stock Exchange in Germany fell 0.61% to 15,169.98, and the CAC40 index of the Paris Stock Exchange also fell 0.44% to close at 6,765.52.

The pan-European Euro Stoxx 50 index fell 0.68% to close at 4,080.15.

Major stocks fell as US employment data fell far short of expectations for November and continued concerns over the economic impact of Omicron, a new strain of coronavirus, were reported, AFP news agency reported.

The U.S. Department of Labor reported that nonfarm payroll jobs rose by 210,000 in November.

This is the smallest increase this year.

This is less than half of the analyst forecast compiled by the Wall Street Journal (573,000) or the increase in October (546,000).

/yunhap news

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