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Stocks Decline on Tariff Suspense

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WORLD HEADLINES –  European shares remained stuck at five-month lows on Friday as uncertainty over global trade rippled through markets and investors dumped riskier sectors.
STOCKS –  Europe’s benchmark was set to end the week with a 2.4 percent loss, its worst weekly performance since the end of March over an escalating trade dispute between the United States and China as well as weakness in emerging markets.
BONDS – European bonds fell, while Italian bonds gained on optimism the government will stick to European Union budget-deficit rules.
COMMODITIES – West Texas Intermediate crude gained 0.2 percent to $67.91 a barrel, the largest rise in more than a week.

CURRENCIES –   The dollar dipped lower before the U.S. payroll report on Friday, which will offer clues on the labor market’s health and the state of wage inflation.
ECONOMIC DATA –  US Non-Farm Employment Change an CAD  Unemployment Rate due at 8:30 ET.

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