European markets edge higher as tech rebounds, travel stocks drag

[Global Business Strategy on Digital Display]
Tom Werner

London (UKX [https://seekingalpha.com/symbol/UKX]) +0.10%

Germany (DAX:IND [https://seekingalpha.com/symbol/DAX:IND]) +0.15%

France (CAC:IND [https://seekingalpha.com/symbol/CAC:IND]) -0.39%

The HCOB Germany Construction PMI edged down to 46.0 in August, while in the Eurozone it jumped to 46.7.

The pan-European Stoxx 600 [https://seekingalpha.com/symbol/STOXX] (STOXX) [https://seekingalpha.com/symbol/STOXX] +0.27% on Thursday as investors weighed the fate of U.S. President Donald Trump’s trade tariffs. Travel stocks tumbled 1.3% as technology shares, which have suffered this week on broad risk-off sentiment, rose 0.3%.

On Wednesday night, the president asked the Supreme Court to quickly accept and rule on an appeal seeking [https://seekingalpha.com/news/4492104-trump-urges-supreme-court-to-fast-track-appeal-to-keep-his-tariffs-intact] to overturn the lower court decision.

Looking ahead, investors will scan Friday’s big jobs report, which will determine the near-term outlook for the stock market.

IN THE BOND MARKET, the U.S. 10-year Treasury yield was down less than 1 basis point at 4.21%.

Germany's 10-year yield was down 2 basis points at 2.72%.

UK's 10-year yield was down 1 basis point at 4.74%.

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