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European stocks edged lower on Friday as declines in the technology sector more than offset gains in oil and auto shares, while investors remained cautious ahead of U.S. payrolls data. The pan-European STOXX 600 index slipped 0.3 percent, with tech stocks falling about 1 percent as rising bond yields dimmed the high-growth sector’s appeal. U.S. jobs data, set to be issued at 1230 GMT, is expected to show a surge in hiring in September as the effects of the latest COVID-19 surge began to subside. While strong numbers could cement the case for the U.S. Federal Reserve’s withdrawal of its support for the economy, many analysts expect that even a second straight weak employment report would be unlikely to derail the central bank from announcing a slowdown of its bond purchases later this year. “If we do move to head towards tightening monetary … the tech sector is likely to …