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European stocks ended in slightly negative territory on Friday, pushed lower by a slide in oil prices and nagging worries about the potential end of ultraloose monetary policy.
U.S. stock indexes advanced Friday to close out the first week of July higher after an employment report showed the U.S. added 222,000 jobs in June, representing the second-largest job haul of the year and underscoring that the labor market remains healthy. The Labor Department said unemployment ticked up to 4.4% from 4.3%. Economists polled by MarketWatch had forecast a rise of 180,000 and unemployment to hold at 4.3%.
Asia-Pacific stocks began the week higher, buoyed by Friday's gains in the U.S., after solid jobs data there boosted the dollar and brightened overall market sentiment. Meanwhile, the Group of 20 meeting of world leaders made little impact on markets, as there was less discord than expected. As the dollar pushed above ¥114 in Asian trading - the pair reached levels not seen in two months - Japanese stocks helped lead the way in morning action.
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