The US job rate rose in September, and the unemployment rate fell to 4.1 percent, further reducing the need for the Federal Reserve (the US central bank) to continue cutting interest rates by large percentages in its next two meetings

European stocks opened higher Friday, supported by energy stocks after crude oil prices jumped on fears of a wider conflict in the Middle East.

The European Stoxx 600 index rose 0.2 percent. However, it is heading for its worst week

European stocks closed higher Friday after stronger-than-expected US job growth and a drop in the unemployment rate to 4.1 percent, suggesting there is no need for a major interest rate cut until the end of the year.

The pan-European Stoxx

The major stock indices on the US Wall Street closed with gains at the end of today’s trading sessions.

The S and P 500 index rose by 50.59 points, or 0.89 percent, closing at 5,750.53 points.

The Nasdaq Composite increased