European Closes: Euro Stoxx 50 -1.46% at 5,785, Dax 40 -1.78% at 23,774, FTSE 100 -1.45% at 10,414, CAC 40 -1.49% at 8,046, FTSE MIB -1.61% at 44,609, IBEX 35 -1.38% at 17,245, PSI +0.01% at 8,932, SMI -1.48% at 13,311, AEX -0.45% at 996.
Newsquawk Staff ·
European Closes: Euro Stoxx 50 -1.46% at 5,785, Dax 40 -1.78% at 23,774, FTSE 100 -1.45% at 10,414, CAC 40 -1.49% at 8,046, FTSE MIB -1.61% at 44,609, IBEX 35 -1.38% at 17,245, PSI +0.01% at 8,932, SMI -1.48% at 13,311, AEX -0.45% at 996.
What it means
European markets closed significantly lower today, led by declines in major indices like the Euro Stoxx 50 and DAX, which fell by over 1.5%. This broad sell-off may reflect concerns over macroeconomic factors affecting investor sentiment, reinforcing a risk-off environment. Traders should keep an eye on any underlying catalysts or broader market trends that could signal further movement in the coming sessions.
- Senior US Treasury trade official Eric Ettorre will leave to join Netflix (NFLX), reports Axios
- US Midterms (6 days out): Florida flips to a Republican early-vote lead and Kansas narrows further; Crystal Ball shifts House and Senate races towards Democrats
- Stellantis (STLAM IM) earnings call summary: Co. firmly believes will beat initial goal of EUR 2.4bln cost savings in 2027
- Mercedes-Benz Group (MBG GY) CEO says the Co. is preparing a broader strategy update covering 2030 and beyond, with China remaining a core pillar of its long-term plans
- UK confirms it will be removing the standing charge on gas bills. Ofgem will be directed to do this in 2027, or as soon as possible
Related headlines
- US President Trump says there will be a meeting with Russian President Putin and Ukrainian President Zelensky set up soon, while Trump says there will be a meeting on disarmament during Asia trip9 hours ago
- T-Mobile (TMUS) CEO to step down from the board42 min ago
- Santander (SAN SM) Q3 (EUR) net 3.43bln (exp. 3.41bln), rev. 16.0bln (prev. 15.3bln Y/Y)7 hours ago
- Ukrainian President Zelensky says negotiations between Ukraine, Russia and the US could take place as early as November 10th39 min ago
- Israeli election results show Netanyahu's bloc with 53 seats, Eisenkot's bloc with 47 and Arab parties with 19, following the counting of all votes excluding double-envelope ballots, i24 reports58 min ago
- UK PM Burnham declines to rule out another Brexit referendum at PMQs1 hour ago
- Atomic Energy Organization of Iran Spokesman says protocol for building small reactors with Russia is being finalized2 hours ago
- Russian Deputy PM Novak says they are open to work with US partners on energy, but there are no current discussions around a return to specific projects3 hours ago
- Ukrainian President Zelensky says Western powers could eventually discuss Russia's demands for security guarantees, but insists Ukraine's own security needs must be addressed first3 hours ago
- [MARKET ANALYSIS] Crude grinds higher, Dutch TTF remains just under EUR 100/MWh, metals subdued 3 hours ago
- [MARKET ANALYSIS] Contained, but a bearish skew, across fixed income into the UK Budget and FOMC4 hours ago
- [MARKET ANALYSIS] Antipodeans diverge as AUD saw strong CPI and NZD slumped on a surprise RBNZ hold, DXY awaits the Fed4 hours ago
- [MARKET ANALYSIS] A busy morning for EU banking names, with tech stocks supported by upbeat SK Hynix earnings4 hours ago
- Notable FX Option Expiries for today's NY cut: 28th October 20265 hours ago
- Russian Deputy Foreign Minister Ryabkov says Russia remains in the preparatory phase for negotiations on Ukraine, TASS reports6 hours ago