FRANKFURT, July 6 (Bernama-dpa-AFX) -- European stocks lost early gains and closed broadly lower on Friday, with caution prevailing ahead of the second round of the French legislative elections on Sunday.
Investors digested the crucial jobs data from the US and assessed the likely move of the Federal Reserve in upcoming monetary policy meetings, reported dpa-AFX news.
Stocks edged higher early on in the session after the Labour Party secured a landslide victory in the UK election to end 14 years of Conservative rule, as widely expected.
Regarding Sunday's parliamentary elections in France, opinion polls show the second-round run-off vote may lead to a hung parliament with no clear majority.
The pan European Stoxx 600 ended down 0.18 per cent. The UK's FTSE 100 drifted down 0.45 per cent, France's CAC 40 ended lower by 0.26 per cent, and Germany's DAX edged up 0.14 per cent. Switzerland's SMI dropped 0.52 per cent.
Among other markets in Europe, Finland, Italy, Netherlands, Norway, Poland, Spain, Sweden, and Turkey closed weak. Austria and Portugal edged down marginally.
Denmark, Greece, Iceland, and Russia ended higher, while Belgium settled flat.
--BERNAMA-dpa-AFX
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