- Eurozone PMI revised lower
- US non-farm payrolls worse than forecast
- US consumer confidence rises
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European stocks ended the week in the red as investors digested a mixed batch of manufacturing reports and worse-than-forecast US non-farm payrolls figures.
Markit's final reading of its purchasing managers' index (PMI) for Eurozone manufacturing was revised lower to 51.8, surprising analysts who had expected it to remain at the initial estimate of 51.9. A reading above 50 signals expansion.
The data may fuel speculation that the European Central Bank will act again to boost the region's economy when it meets on 7 August.
Markit/HSBC's Chinese manufacturing PMI for manufacturing was revised to 51.7 in July, down from 52 in June. Analysts had forecast an unchanged reading.
China's official manufacturing PMI, however, rose to 51.7 in July from 51 in June, ahead of the 51.4 consensus estimate.
The UK manufacturing PMI for July from economic researchers Markit and the Chartered Institute of Purchasing & Supply came in at 55.4 after a reading of 57.2 the month before.
The Institute for Supply Management's manufacturing index for the US rose to 57.1 in July from 55.3 in June, smashing forecasts for a reading of 56.
The US non-farm payrolls report showed employers added 209,000 jobs in July following an upwardly revised 298,000 increase in June, the Labor Department revealed. Analysts had expected a 230,000 gain.
The unemployment rate also edged up to 6.2% in July from 6.1% a month earlier, compared to forecasts for it to remain unchanged. Average hourly earnings climbed 2% in July, missing expectations for a 2.2% rise. It followed a 1.9% increase in June.
"But this was by no means a weak report. The preceding month was exceptionally strong, and upward revisions of the back data by 15,000 (for June and May) nearly make up for the miss to consensus of 230,000," said Christian Schulz, economist at Berenberg.
The Fed is monitoring the labour market to gauge whether the economy has improved enough to sustain an interest rate hike. The central bank on Wednesday decided to maintain interest rates and cut a further $10bn off monthly bond purchases.
Elsewhere in the US, the University of Michigan's consumer confidence index rose in line with expectations to 81.8 in July from 81.3 in June.
Iliad slumped after offering $15bn for a controlling stake in T-Mobile US.
Vinci SA retreated as Europe's biggest builder forecast a slight drop in 2014 revenue, compared to previous guidance of little change.
International Consolidated Airlines (IAG) gained after the parent company of British Airways reported better-than-expected second quarter operating profit. IAG also announced an order for 16 new wide-body jets at its Iberia arm.
ArcelorMittal declined after lowering its full-year profit estimate.
Medical devices manufacturer Smith & Nephew advanced after reporting double-digit earnings growth in its second quarter.
The euro rose 0.37% to $1.3440.
Brent crude futures fell 1.097% to $104.88 per barrel, according to the ICE.