European Stocks Mixed as Strong US Payrolls Boost Fed Hike Bets

European indices closed mixed on Friday, with the Stoxx 600 up 0.12%, as a stronger-than-expected US payroll report increased market expectations for Fed tightening this month. Falling oil prices provided some relief, but the data-driven shift in Fed policy expectations is the key driver. The upcoming ECB decision adds further uncertainty for European markets.