European Stocks Rise
European stocks extended the previous session’s gains on Tuesday, with both the STOXX 50 and STOXX 600 rising nearly 0.9%, bringing the former close to a two-month high and the latter to a fresh record level. Sentiment remained positive amid a continued rebound in global technology stocks following last week’s selloff, while lower oil prices also helped improve investor confidence. Meanwhile, the earnings season remained in focus. Most sectors traded in positive territory, led by banking, industrials and technology stocks, while the energy sector underperformed. Among individual stocks, Infineon Technologies rose 3.3% after reporting double-digit year-on-year revenue growth and issuing an upbeat outlook for Q4 2026. Safran gained 4.1%, while BNP Paribas advanced 2.7%. In contrast, oil majors Shell and BP both declined by 1.1%.
European stocks extended the previous session’s gains on Tuesday, with both the STOXX 50 and STOXX 600 rising nearly 0.9%, bringing the former close to a two-month high and the latter to a fresh record level. Sentiment remained positive amid a continued rebound in global technology stocks following last week’s selloff, while lower oil prices also helped improve investor confidence. Meanwhile, the earnings season remained in focus. Most sectors traded in positive territory, led by banking, industrials and technology stocks, while the energy sector underperformed.
Among individual stocks, Infineon Technologies rose 3.3% after reporting double-digit year-on-year revenue growth and issuing an upbeat outlook for Q4 2026. Safran gained 4.1%, while BNP Paribas advanced 2.7%. In contrast, oil majors Shell and BP both declined by 1.1%.