Stocks edge higher as traders look to US jobs data

News Snapshot:

(Bloomberg) — European stocks posted modest gains as traders awaited US jobs numbers due later Friday that will test optimism over whether the Federal Reserve’s tightening cycle is nearing an end. Most Read from Bloomberg The Stoxx 600 added about 0.2% to its strongest week since March. Automakers fared best, with BMW AG rising after increased sales of fully electric vehicles boosted margins. A.P. Moller-Maersk A/S, a bellwether for global trade, slumped more than 7% after saying it’s cutting at least 10,000 jobs to shield its profitability. US equity futures slipped, with Apple Inc. lower in premarket trading after revenue...