European stocks continue to rise ahead of US jobs data

European stocks rose on Friday ahead of data expected to reflect moderate US job growth last month, relieving some pressure on equity investors concerned about higher interest rates.

By 07:18 GMT, the European STOXX 600 index rose 0.4 percent, recording an increase for the second session in a row, but it is still heading towards incurring losses for the third week in a row.

The index reached its lowest level in six months this week, with yields on US and European bonds reaching their highest level in years.

Attention is now turning to US non-farm payrolls data for indications of whether the Federal Reserve will raise interest rates again in November.

As for individual stocks, Aden, a Dutch payment technology company, rose 3.4 percent.

In contrast, shares of Amsterdam-based health care technology Philips fell 9.6 percent after the US Food and Drug Administration said it was still not satisfied with the recall of one of its products.