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Stocks in Europe edge lower after strong rally with reopening still in focus

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European stocks slipped Monday, giving some of last week’s rally as traders continued to focus on the reopening of the global economy.

Up 7.1% last week and 2.5% on Friday, the Stoxx Europe 600
SXXP,
-0.66%

fell 0.4%.

The German DAX
DAX,
-0.84%

fell 0.6%, French CAC 40
PX1,
-0.70%

lost 0.4% and U.K. FTSE 100
UKX,
-0.31%

eased 0.3%.

The U.S. on Friday reported it added 2.5 million jobs in May, surprising economists who had forecast a decline.

France’s labor minister, Muriel Pénicaud, told France Info that economic activity is 80% of…



Source marketwatch.com

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