European stocks closed weak on Friday as the mood remained largely cautious amid an escalation in tensions in the Middle East and news about Hezbollah rejecting the ceasefire agreement with Israel and launching fresh strikes across southern Lebanon.
Concerns about interest rates rose after data showed a stronger than expected growth in U.S. non-farm payroll employment in the month of May. Investors also digested a slew of regional economic data.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.