ALSO READ: Wall Street week ahead: Fed chair Jerome Powell’s congressional testimony, jobs report in focus In Europe, Britain’s FTSE 100 edged down 0.5 per cent at 7,643.21 points. France’s CAC 40 lost 0.1 per cent at 7,929.63.

Germany’s DAX fell 0.2 per cent at 17,705.57. Euro Stoxx 50 rose 0.1 per cent at 4,900.30.

In Asian stock markets, Hong Kong’s Hang Seng Index was flat at 16,595.97. China's Shanghai Composite gained 0.4 per cent at 3,039.31.

Japan’s Nikkei 225 added 0.5 per cent at 40,109.23. Oil prices dipped after major crude producers agreed to cut output for a while longer.

World markets today: US stocks drop ahead of jobs data, Jerome Powell’s testimony

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