Europe shares pare some losses after US jobs
LONDON, July 3 (Reuters) - European shares pared losses on Thursday after data showed job losses in the U.S. economy in June were in line with expectations, partially allaying concern about the outlook for growth.
The U.S. government said 62,000 workers were lost from non-farm payrolls in June, compared with expectations for a loss of 60,000 and compared with a downwardly revised loss of 62,000 in May.
By 1235 GMT the FTSEurofirst 300 index of top European shares was down 0.4 percent at 1,163.04 points, compared with 1,158.80 just before the data.
Pharmaceutical stocks were the top positive weight on the index, led by GlaxoSmithKline (GSK.L: Quote, Profile, Research, Stock Buzz) which gained 3 percent. (Reporting by Amanda Cooper)
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