European equities recovered on Friday after falling to a 3 1/2-month low, helped by declining government bond yields, cheaper oil and weaker-than-expected U.S. employment data that reduced expectations of further Federal Reserve rate increases. The STOXX 50 gained more than 1%, while the STOXX 600 rose over 0.5%, although both indexes still ended the week lower. Oil prices retreated after the G7 and partner countries announced plans to release up to 100 million barrels of crude and diesel reserves. Technology stocks led the rebound, with the sector rising more than 2.5% and ASML Holding advancing over 3%. Basic Resources, industrial goods, telecommunications, construction, utilities and chemicals also gained, while healthcare, banking and retail shares lagged. The move followed heightened concerns over European government debt, including France’s fiscal outlook, and comes as investors await eurozone inflation data and further signals on global interest rates.