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Global Market: European shares edge lower as investors await US jobs data

European shares edged lower on Friday as investors stayed cautious ahead of key U.S. jobs data, while Volkswagen shares jumped 6% after the automaker unveiled a restructuring plan involving 50,000 job cuts. Rising oil prices amid Middle East tensions added to inflation concerns, while banking and chemical stocks weighed on the broader market.

4 Sep 2026 2:38 pm