LONDON — European stocks ended the day higher on Friday after the latest U.S.
jobs report soared past expectations.
Automaker shares climbed 1.
5% after the European Union on Friday voted to adopt definitive tariffs on China-made battery electric vehicles (BEVs).
It comes despite opposition to the measures from many European carmakers, who fear retaliatory tariffs from one of their biggest markets.
A prolonged strike would have provided a boost for European shippers to take a larger share of global supply chain demands.
U.
S. stocks were last slightly higher Friday, paring back an earlier rally that came after nonfarm payrolls data showed the U.
S. economy added 254,000 jobs in September, ahead of the 150,000 estimated by economists polled by Dow Jones.
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