The EU slapped Google with antitrust fine despite warnings by President Donald Trump not to target US tech firms

European and US equities mostly rebounded Wednesday as a global bond selloff eased, with shares in Google parent Alphabet jumping after a favorable court ruling.

Stock markets mostly climbed and global bonds stabilized on Thursday as investors looked to US jobs data to cement rate-cut bets.

The EU on Friday slapped Google with a massive 2.95 billion euros ($3.47 billion) antitrust fine for favoring its own advertising services, drawing a furious rebuke from President Donald Trump and a threat of fresh tariffs against Europe.