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EUROPE MARKETS: European Stocks Break Five-day Losing Streak

By Sara Sjolin, MarketWatch LONDON (MarketWatch) -- After five days mired in the red, European stock markets moved higher on Friday with investors waiting for the all-important nonfarm-payrolls report from the U.S. later in the day to gauge if it strengthens the tapering argument for the Federal Reserve. The Stoxx Europe 600 index rose 0.4% to 315.71, trimming its weekly loss to 3%. Shares of Berkeley Group Holdings PLC rallied 9.6% after a well-received earnings report. Shares of Royal Dutch Shell PLC (RDSB) climbed 1.8% after HSBC initiated coverage of the oil major with an overweight rating. HSBC also started coverage of Total SA (TOT), up 0.5%, BP PLC (BP), 0.8% higher, and BG Group PLC , up 1.4%, with overweight ratings. The analysts said the sector remains out of favor with investors, but that the companies' robust underlying cash flows aren't being recognized. More broadly, investors waited for the data highlight of the week in the form of the U.S. nonfarm payrolls out at 1:30 p.m. London time, or 8:30 a.m. Eastern. Economists polled by MarketWatch expect 180,000 new jobs to have been added to the economy in November, while the unemployment rate is likely to fall to 7.2% from 7.3%. A strong number could spark a selloff in the equity markets, as it would give the Federal Reserve more evidence that the economy is improving and strengthen the case for tapering its $85-billion-a-month asset purchases. What to look for in U.S. employment report U.S. stock futures pointed to a higher open on Wall Street. Among country-specific indexes in Europe, the U.K.'s FTSE 100 index rose 0.3% to 6,519.78 and France's CAC 40 index gained 0.4% to 4,144.81. Germany's DAX 30 index picked up 0.6% to 9,135.41. More must-reads from MarketWatch: What bubble? Corporate profits reach new record as share of GDP Spotify plans free mobile version of its service Year-end tax tips for retirees and preretirees Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Bp (BP)
DateTimeHeadline
01/20/201718:00:00ADRs End Higher; Airlines Rise
01/20/201710:09:00Higher Oil Prices Put Smiles on the Faces of Energy Executives...
01/20/201709:01:00Energy Executives at Davos Upbeat After Two-Year Price Rout
01/18/201717:36:00ADRs End Lower; Pearson Plummets
01/17/201717:47:00ADRs End Lower; Infosys Falls
01/17/201714:01:00Correction to BP CEO Story on Recent Deals
01/17/201707:25:00BP CEO: Recent Deals Reflect Disciplined Investment Strategy
01/17/201707:00:00Rex Energy Announces Two-Year Financial and Operational Plan...
01/09/201700:29:00Politico Veteran's News Venture Axios Aims to Fix Advertising
01/04/201709:57:00Nigeria Awards 39 Crude-Oil Term Contracts for 2017
12/29/201605:17:00BP Enters 20-Year LNG Supply Pact With Thailand's PTT
12/28/201603:02:00Business Watch -- WSJ
12/27/201616:58:00BP Agrees to Buy Woolworths Fuels Business for $1.29 Billion
12/22/201618:28:00ADRs End Lower
12/21/201617:22:00BP Repairing Unit at Whiting, Ind., Refinery -- Source
12/20/201603:02:00BP Ramps Up Deal Making -- WSJ
12/19/201612:25:00BP Eyes Growth with String of Oil, Gas Deals
12/17/201607:53:00Correction to BP Strikes UAE Oil Fields Deal story
12/17/201607:25:00BP Strikes $1.8 Billion Deal for 10% Stake in UAE Oil Fields
12/13/201611:20:00BP Internal Report Reveals Near-Miss Accidents

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