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European stocks calm as US readies for 4th of July (AP)

Floor traders work at the Hong Kong Stock Exchange Friday, July 3, 2009 in Hong Kong. Asian stocks retreated Friday as a weaker-than-expected U.S. jobs report signaled more pain ahead for the world's largest economy. Losses across Asia were somewhat tame compared to Wall Street, where markets pulled sharply lower. Oil prices weakened further, while the dollar was little changed against the yen. (AP Photo/Kin Cheung)AP - European stock markets traded in a narrow range Friday as investors caught their breath after big losses the day before on U.S. jobs data. Wall Street's closure for the Independence Day holiday kept trading volumes exceptionally light.


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