European stock markets are expected to open slightly lower on Friday, as investors await cautiously the monthly report on non-agricultural employment in the United States.

Brazilian investment firm Gestao de Investimentos (BWGI) announced on Thursday that it had received approval from the Financial Markets Authority for its takeover bid for glass packaging manufacturer Verallia.

The software publisher Dassault Systèmes announced on Friday, ahead of an investor day, that it was aiming to double its net earnings per share by 2029. The group will present its strategic perspectives and developments to investors starting at 13:45 p.m

Thursday evening, the building materials manufacturer Saint-Gobain announced that it was reorganizing its activities by geographic clusters and that it would present a new strategic plan on October 6 at an investor day
At around 7:40am, the CAC 40 futures contract lost 0.2%, according to data from broker IG.

As all eyes turn to the important monthly employment report in the United States, European equity markets are expected to give some ground at the open on Friday, after the fall in American indexes on Thursday.

Around 7:40 a.m., the DAX 40 futures contract in Frankfurt lost 0.1%, as did the FTSE 100 in London, according to data from broker IG.

The New York Stock Exchange closed lower on Thursday, weighed down by Tesla shares, while investors continued to monitor the evolution of the trade dispute between the United States and China.

While the deterioration of the economy does not seem sufficient to justify a cut in interest rates, according to a Federal Reserve (Fed) executive, the trend has also been held back by the rise in bond rates.
The Dow Jones Industrial Average lost 0.3% to 42,319.74 points. The S&P 500 fell 0.5% to 5,939.30 points, and the Nasdaq Composite fell 0.8% to 19,298.45 points.

Both Nasdaq and the S&P 500 were penalized by the fall of more than 14% in Tesla shares after the public clash between Donald Trump and Elon Musk, who broke up on Thursday. The electric vehicle manufacturer lost more than $150 billion in market capitalization during the session.

Donald Trump called the call “very positive” and told Truth Social that his teams and those of the Chinese leader would meet “soon” to discuss tariffs. On Thursday, the American president spoke by phone with his Chinese counterpart, Xi Jinping.
On the monetary policy side, Fed Governor Adriana Kugler told the Economic Club of New York on Thursday that the American economy was showing signs of slowdown, but that this weakening was not significant enough to encourage the central bank to lower rates. “Right now, I'm focusing on inflation,” she said, noting that the new tariffs had not yet had their full effects.
US employment data for the month of May could be a crucial stress test for the labor market in the current context of tariff turbulence. If the labor market weakens only modestly in May, the Fed will not find it necessary to cut rates quickly to support the economy.
Economists expect job creation to fall last month, to 125,000 new jobs compared to 177,000 the previous month. They expect the unemployment rate to be stable at 4.2%

The Fed will hold its next monetary policy meeting on June 17 and 18. For the time being, the market continues to expect the status quo on rates to be maintained at this time.
In Asia, the Nikkei index on the Tokyo Stock Exchange gained 0.4% on Friday at the end of trading. The Shanghai Composite Index lost 0.1%, while the Hang Seng of the Hong Kong Stock Exchange dropped

On Thursday, the yield on the two-year bond appreciated by 5 basis points to 3.93%, supported by the words of Fed Governor Adriana Kugler.

Around 7:40 a.m., the 10-year US Treasury bond rate was stable at 4.39%. The two-year bond yield fell by less than 1 basis point to 3.92%