World stocks mostly turn lower with US closed for holiday
(WorldNews Business)

World stock markets turned lower in Europe on Friday after gains in Asia, with trading somewhat subdued by a long holiday weekend in the U.S. With Wall Street due to remain closed in observance of Independence Day, Germany`s DAX edged 0.5% lower to 12,548. The CAC 40 in Paris dropped 0.9% to 5,006, while Britain`s FTSE was down 1.2% at 6,167. Markets had risen earlier in Asia as investors there got their first opportunity to react to the stronger-than-expected U.S. jobs figures released on Thursday. The jobs data and improved global indicators boosted sentiment, albeit momentarily, along with positive...