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European shares open steady before key U.S data

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Reuters MILAN

MILAN (Reuters) - European shares were little changed in early deals on Friday, as investors awaited for key U.S. jobs data later in the day for clues about the Federal Reserve's next interest rate hike.

By 0709 GMT, the pan-European STOXX index was up 0.01 percent, following a flat close in the previous session.

SBM Offshore plunged 10 percent, leading STOXX losers, after prosecutors in Brazil rejected a deal allowing the Dutch oil-ship lessor to avoid prosecution for corruption related to contracts with oil group Petrobras.

Accor was among the biggest gainers, up 3.1 percent, boosted by an upgrade from Barclays, while Rocket Internet fell 9 percent after the German e-commerce investor reported a first-half consolidated loss.

 

(Reporting by Danilo Masoni)

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First Published: Sep 02 2016 | 2:11 PM IST

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