European Stocks Dip on Tech Losses, US Jobs Caution

European Stocks Dip on Tech Losses, US Jobs Caution
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany on Oct. 7, 2021. Staff/Reuters
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European stocks edged lower on Friday as declines in the technology sector more than offset gains in oil and auto shares, while investors remained cautious ahead of U.S. payrolls data.

The pan-European STOXX 600 index slipped 0.3 percent, with tech stocks falling about 1 percent as rising bond yields dimmed the high-growth sector’s appeal.