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(Bloomberg) European stocks edged higher Friday, reaching a new record, as an increase in U.S. hiring boosted optimism over the economic recovery and assuaged concerns about the rollback in monetary stimulus. The Stoxx Europe 600 Index gained 0.4% by the close in London, with technology, miners and health care sectors leading the advance. Megacap tech stocks also led U.S. equities higher. Italy’s FTSE MIB Index closed at the highest level since October 2008. Airlines Fall Again; Saipem, Collector Gain: EMEA Equity Movers European shares kicked off June with several new historical highs, as market participants evaluate signs of economic recovery and risks from faster inflation. As U.S. jobs growth picked up in May but missed economists’ estimates, investors were reassured that stimulus measures will remain in place. “This Goldilocks scenario of a labor market recovery that is not too cold to raise concerns about the economy, but not too hot to prompt fears about faster than expe
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