Friday’s U.S. nonfarm payrolls report showed 175,000 jobs were added in April, below the 240,000 jobs expected by economists surveyed by Dow Jones.
The unemployment rate edged up to 3.9% from 3.8% in the prior month, according to the Bureau of Labor Statistics. Wage figures also came in lower than expected, an encouraging sign for inflation.
In Europe Monday, a S&P composite final purchasing managers’ index for the euro zone was released showing business activity in the bloc expanded at its fastest pace in almost a year. The index jumped to 51.7 for April, from 50.3 in March.
In individual stocks news, share of the e-commerce and mail firm PostNL sank 4.03% after reporting a first-quarter earnings loss. Volvo Cars saw a 1.08% pop after posting an annual 27% sales rise for the month of April.
— CNBC’s Samantha Subin and Pia Singh contributed to this report.