German stocks advanced, after the benchmark index posted its longest losing streak since November 2011, as Italy elected a president, and the Bank of Japan’s stimulus policies were unopposed at a Group of 20 meeting.
European stocks fell to a five-month low as reports showed U.S. payrolls increased at the slowest pace in a year and the unemployment rate unexpectedly rose, adding to weakening economic data from China and the euro area.
European stocks climbed, following their longest stretch of monthly gains in six years, as two measures of Chinese manufacturing increased and Greece offered to spend 10 billion euros ($13 billion) buying back bonds.
European stocks declined this week as concern deepened that the region’s debt crisis will spread and a report showed U.S. employers added fewer workers than forecast, fueling speculation the economic recovery is slowing.
Global stocks fell the most this year, commodities slid and the euro weakened as a plan to help Greece avoid default threatened to unravel and U.S. consumer confidence trailed estimates. Treasuries and costs to protect European debt rose.