LONDON — European stocks started the new trading week on a positive note, buoyed by gains in Asia overnight and last Friday's rally on Wall Street, before quickly paring gains.
The pan-European Stoxx 600 index opened 0.
56% higher Monday but pared gains to turn lower, down 0.2% in early trades.
Other data showed euro zone retail sales edged up in August, up 0.2% from the previous month and in line with a Reuters poll.
European stocks looked set to continue the positive sentiment seen at the close of trade last week, with markets getting a boost from the latest U.S.
jobs report that exceeded expectations.
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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