European Stocks Slip, Oil Recovers, Traders Await US Jobs Data

European Stocks Slip, Oil Recovers, Traders Await US Jobs Data
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, on June 30, 2022. Staff/Reuters
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LONDON—European equities slipped slightly on Friday but were still set for a weekly gain, while traders waited for U.S. jobs data due later in the session to give clues as to the health of the world’s largest economy.

The MSCI world equity index, which tracks shares in 47 countries, was up 0.2 percent and on track for a weekly gain of 0.7 percent—marking its third consecutive week of gains.