BSS
  11 Oct 2021, 13:38

European equities waver at open

 LONDON, Oct 11, 2021 (BSS/AFP) - European stock markets wavered in opening

deals on Monday, as dealers mulled disappointing US jobs data.

  In initial trade, London's benchmark FTSE 100 index gained 0.2 percent to
7,111.73 points, compared with Friday's closing level.

  In the eurozone, the Paris CAC 40 rose 0.1 percent to 6,568.70 points,
while Frankfurt's DAX dropped 0.1 percent to 15,193.55.

  Most Asian markets rose Monday after US lawmakers averted a painful debt
default, while jumping oil prices added to inflation concerns as the Federal
Reserve prepares to taper its ultra-loose monetary policy.

  Global equities had mainly fallen on Friday following news that the US
economy added only 194,000 jobs last month, less than half the number
expected by analysts.

  The big miss did little to change expectations that the Fed will start
winding back its massive bond-buying programme as it looks to keep a cap on
price rises just as the global recovery shows signs of slowing.