By CARLO PIOVANOLONDON (AP) â¿¿ Stock markets turned lower on Friday as investors worried that a strong rise in U.S. jobs figures meant the Federal Reserve will stick to its plans to rein in its monetary stimulus. A U.S. government report showed employers added 195,000 jobs in June and hiring was more robust in the two previous months than earlier estimated. The unemployment rate, however, remained at a relatively high 7.6 percent. The report suggests growth is increasing in the world's largest economy and that the Federal Reserve would likely begin winding down its monetary stimulus in the autumn. Some investors took that as good news, having worried that the Fed might act earlier. But it disappointed others who appeared to have hoped the Fed would delay the move until next year. The program has been behind market gains in recent years and investors have in recent weeks fretted over what will happen as it is wound down. Harm Bandholz, analyst at UniCredit bank, said the implications of the figures were that the 'tapering' of the Fed stimulus is getting closer. But the lack of a further drop in the unemployment rate means the Fed is unlikely to be aggressive in tightening the money taps. In Europe, Britain's FTSE 100 lost all gains to trade 0.7 percent lower at 6,375.52. Germany's DAX slumped 2.4 percent to 7,806.00 and France's CAC-40 shed 1.5 percent to 3,753.85. Wall Street traded higher, but mainly because it was catching up with a global rally when it was closed on Thursday for the Independence Day holiday. The Dow rose 0.6 percent to 15,084.18, having been significantly higher on the open. The broader S&P 500 advanced by 0.7 percent to 1,626.16. Markets jumped higher on Thursday after the European Central Bank and the Bank of England both said their interest rates would remain low for the foreseeable future. That eliminated concerns that they might follow the Fed in tightening their easy money policies this year, triggering a market rally.