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    09.05.2016 04:35 Global Stocks

    European stock markets ended a choppy session mostly lower on Friday, with a downbeat reading on U.S. jobs growth outweighing a late-day rally in oil prices.

    U.S. stocks finished higher Friday, rebounding after spending much of the session in the red, as investors grappled with the jobs report and its ramifications for Federal Reserve's monetary policy. The main indexes booked their second consecutive weekly losses, however, as poor economic reports have raised concerns about domestic growth.

    Stock markets in China were broadly lower Monday, after the Communist Party's mouthpiece reported that the nation's economy is headed for an "L-shaped" recovery, stoking worries among investors that growth in the world's second-largest economy will moderate further.

    Based on MarketWatch materials

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