European Equities Mixed in Wednesday Trading; ASML Lifts 2026 Sales Outlook After Higher Q2 Earnings
European stock markets closed mixed in Wednesday trading with the Stoxx 600 increasing 0.1%, Germany's DAX shedding 0.5%, the UK's FTSE 100 down 0.2%, France's CAC 40 adding 0.2%, and the Swiss Market Index advancing 0.5%. Traders assessed continuing tensions in the Middle East. US Central Command said it completed another wave of attacks against Iran at 7:30 am ET to "further degrade Iran's ability to attack commercial shipping in the Strait of Hormuz." President Donald Trump reiterated in a post on Truth Social that the US was reinstating a "full" blockade, "but only on Ships coming to and from Iranian ports, or carrying anything have to do with Iranian cargo." Brent crude was shedding 0.8% to $84.04. In economic news, seasonally adjusted industrial production decreased by 0.2% in May from April in the Eurozone, and by 0.1% in the broader European Union, Eurostat reported. Year on year, industrial output declined by 1.2% in the euro area in May, and by 0.3% in the EU. In corporate news, ASML raised its 2026 revenue guidance after reporting higher Q2 earnings and sales. The company reported Q2 earnings early Wednesday of 7.58 euros ($8.66) per diluted share, up from 5.90.
European stock markets closed mixed in Wednesday trading with the Stoxx 600 increasing 0.1%, Germany's DAX shedding 0.5%, the UK's FTSE 100 down 0.2%, France's CAC 40 adding 0.2%, and the Swiss Market Index advancing 0.5%.
Traders assessed continuing tensions in the Middle East.
US Central Command said it completed another wave of attacks against Iran at 7:30 am ET to "further degrade Iran's ability to attack commercial shipping in the Strait of Hormuz." President Donald Trump reiterated in a post on Truth Social that the US was reinstating a "full" blockade, "but only on Ships coming to and from Iranian ports, or carrying anything have to do with Iranian cargo." Brent crude was shedding 0.8% to $84.04.
In economic news, seasonally adjusted industrial production decreased by 0.2% in May from April in the Eurozone, and by 0.1% in the broader European Union, Eurostat reported.
Year on year, industrial output declined by 1.2% in the euro area in May, and by 0.3% in the EU.
In corporate news, ASML raised its 2026 revenue guidance after reporting higher Q2 earnings and sales.
The company reported Q2 earnings early Wednesday of 7.58 euros ($8.66) per diluted share, up from 5.90.