Aug 4 Reuters European stocks steadied on Friday after a threeday selloff as a strong forecast from retail giant Amazon and a host of other companies outweighed recent jitters around slowing global economic growth.

The panEuropean STOXX 600 index was up 0.1 by 0723 GMT, but still on course for its worst weekly showing in almost a month.

Wall Street futures edged higher as a strong forecast from Amazon.com Inc outweighed a downbeat outlook from Apple, ahead of the U.S. payrolls data.

Among companies that reported in Europe, French lender Credit Agricole climbed 4.2 as strong insurance and consumer finance results helped it report upbeat quarterly earnings.

Italy39;s stateowned bank Monte dei Paschi di Siena jumped 4.8 as it posted aboveforecast earnings for the second quarter.

Dragging media shares down, WPP, the world39;s biggest advertising group, slid 7.5 after it downgraded its fullyear likeforlike growth forecast.

Vonovia slipped 1.6 as Germany39;s largest real estate group slipped to a 2 billion euro 2.19 billion secondquarter loss and wrote down the value of its properties by 3 billion euros.

Reporting by Sruthi Shankar in Bengaluru; Editing by Sonia Cheema

Source Reuters