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STOXX Europe 600

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537 stories mentioning STOXX Europe 600Updated just now

Hit fresh record highs after Tehran and Washington said the Strait of Hormuz would reopen as part of peace negotiations.

International

Higher Crude, Middle East Hostilities Dent European Bourses Midday

European bourses tracked moderately lower midday Thursday as traders weighed higher oil prices, faltering Tehran-Washington peace negotiations, and media reports of US strikes on Iranian positions in the Persian Gulf.Tech stocks led gains on continental trading floors, while food and bank shares lagged.Investors also eyed Wall Street futures in the red, and lower closes overnight on most Asian exchanges.In economic news, jet-fuel markets will become increasingly tight if disruptions linked to the Strait of Hormuz persist in coming weeks, the European Commission said.The pan-continental Stoxx Europe 600 Index was off 0.8% mid-session.The Stoxx Europe 600 Technology Index was up 0.1%, but the Stoxx 600 Banks Index lost 1.1%.The Stoxx Europe 600 Oil and Gas Index was steady, while the Stoxx 600 Europe Food and Beverage Index declined 1.5%.The REITE, a European REIT index, fell 0.3%.On the national market indexes, Germany's DAX was down 0.6%, and the FTSE 100 in London lost 1.2%. The CAC 40 in Paris was down 0.5%, and Spain's IBEX 35 eased 0.6%.Yields on benchmark 10-year German bonds were stable, near 2.99%.Front-month North Sea Brent crude-oil futures were up 2.8% at $94.83 a barrel.The Euro Stoxx 50 volatility index was up 0.1% at 19.79, indicating below-average volatility for European stock markets in the next 30 days, a positive signal. A reading above 20 indicates choppier markets ahead, while below 20 suggests calmer exchanges.

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International

Ifo: Sentiment in German Chemical Industry Deteriorates Further in May as Structural Issues Persist

Morale across Germany's chemical industry weakened further in May, as businesses noted that the core structural issues remain unaddressed amid the "temporary" economic upswing.The business climate index dropped to -30.2 points from -28.6 points in April, the ifo Institute said Thursday. The indicator for the current business situation improved to -17.5 points from -25.8 points, as global supply chain disruptions are still fueling demand for chemical products from certain segments of the industry.Meanwhile, the expectations index tumbled to -42 points from -31.3 points previously, and export expectations "deteriorated significantly" to -15.7 points from -2.0 points. Against this backdrop, companies intended to further production cuts and layoffs.

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EU Economic Sentiment Ticks Up in May Amid Service Sector, Consumer Confidence Rebound
US Markets

EU Economic Sentiment Ticks Up in May Amid Service Sector, Consumer Confidence Rebound

Economic sentiment in the European Union and the euro area marginally rose in May, driven by a partial recovery in consumer and services confidence, according to European Commission data published Thursday.In the euro area, economic sentiment edged up to 93.5 points from the revised 93.2 points in April, surpassing the consensus estimate of 92.8 points. Meanwhile, in the EU, economic sentiment rose to 93.7 points from 93.4 points.With the indicator still below the long-term average of 100 points, the European Commission noted that the improvement in overall economic sentiment was tempered by declines in industry, retail trade and construction segments.Among the major EU economies, sentiment improved in Germany, France and Poland, while sentiment was "broadly stable" in Italy and Spain and dipped in the Netherlands.The consumer confidence index confirmed a modest recovery for the month at -19 points for the euro area and -18.2 points in the EU, compared with the previous month's -20.6 points and the revised -19.9 points, respectively.After steep losses in April, consumers were less pessimistic about their future financial outlook, intentions to purchase big-ticket items over the next 12 months and their respective country's economic trajectory, while their views of past financial circumstances were still largely unchanged.Meanwhile, the service sector's confidence indicator ticked up 0.8 points in the EU, due to service managers' improved assessments of the past business situation and future demand expectations.The employment expectations indicator for May also increased by 2.1 points to 95.4 points in the EU and by 2.8 points in the euro area to 94.7 points. The boost was attributed to retail trade and services sectors looking to expand their teams, marginally offset by a slowdown in construction.Conversely, consumers grew more pessimistic about their job prospects for the month, as unemployment expectations, which are not factored into the main indicator, deteriorated further.

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International

Italy's Monthly Industrial Producer Prices Up 0.3% in April

Italy's industrial producer prices ticked up 0.3% month over month in April, following a 4.4% increase in March, data from statistics agency Istat showed Thursday.On a yearly basis, the index was 6.8% higher, compared with the 4.2% growth earlier.

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International

Euro Area Economic Sentiment Up in May; Consumer Confidence Improves

Economic sentiment in the euro area rose in May, with the indicator increasing to 93.5 points from the revised 93.2 points a month ago, according to European Commission data published Thursday.The latest reading is above the consensus estimate of 92.8 points.Meanwhile, the consumer confidence index was at -19 points, in line with the flash estimate, against the previous -20.6 points.

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International

Italian Business Confidence Falls in May; Consumer Sentiment Improves

Italy's business confidence index dropped to 94.1 points in May from the revised 95.1 points in April, according to data from statistics agency Istat published Thursday.For the manufacturing sector, the confidence index is steady at 87.9 points. The consensus estimate stood at 87.5 points.Meanwhile, the Italian consumer confidence indicator was at 93.4 points, against the prior 90.8 points and the expected 90.1 points.

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International

Spanish Monthly Retail Sales Fall 1.5% in April

Spain's seasonally and calendar-adjusted retail sales declined 1.5% month over month in April, compared with the 1.2% growth in the previous month, the National Statistics Institute said Thursday.On a yearly basis, retail sales were 0.8% higher, compared with the 4.1% growth earlier.

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International

French Annual Industrial Producer Prices Increase 2.1% in April

French industrial producer prices for the home market rose 2.1% year over year in April, following a revised zero growth in March, according to data from Insee published Thursday.On a monthly basis, industrial producer prices were 2.1% lower, against a revised 1.9% increase earlier.

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International

Market Chatter: EU Member States Approve Legislation of US Trade Deal

Ambassadors from European Union member states have approved legislation to impose the 27-nation bloc's commitments in a trade deal with the US, Reuters reported Wednesday, citing a source with knowledge of their meeting.The legislation includes measures to cut import duties on certain industrial goods from the US and an acknowledgment of a 15% tariff on EU exports to the world's biggest economy.The European Parliament and the European Council last week agreed on the texts of the trade deal, which was agreed with the US during the third quarter of 2025. The legislation will be put to a vote at the Parliament's trade committee on June 2 before heading to a full assembly vote in the middle of next month.The European Commission and European Parliament did not immediately respond to requests for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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International

Major European Bourses Track Higher Mid-Session Wednesday as Chemical, Automobile Stocks Advance

Major European bourses were tracking higher around mid-session Wednesday, fueled by the region's advancing chemical and automobile stocks, along with Wall Street's technology rally.Investors also eyed US futures advancing premarket, while Asian markets were mixed at Wednesday's close.In regional news, France's household confidence indicator dropped to 82 points in May 2026, marking its lowest overall level since March 2023, according to data from national statistics agency Insee.Data from UBS & CFA Society Switzerland showed that the country's economic sentiment index increased to -11.1 points in May from -30.3 points in April. Meanwhile, Italy's industrial turnover rose 2% month over month in March, after a revised 0.5% uptick previously, according to statistics agency Istat.The pan-continental Stoxx Europe 600 Index was 0.5% higher mid-session.The Stoxx Europe 600 Technology Index and Stoxx 600 Banks Index were up 0.6%, and the Stoxx 600 Europe Food and Beverage Index rose by 1.2%.Meanwhile, the Stoxx Europe 600 Oil and Gas Index was 2.3% lower and the Stoxx Europe 600 Insurance Index was down 0.2%.The REITE, a European REIT index, was marginally declining.On the national market indexes, Germany's DAX was up 0.5%, and the FTSE 100 in London was 0.2% higher. The CAC 40 in Paris rose by 0.8%, and Spain's IBEX 35 advanced by 0.5%.Yields on benchmark 10-year German bonds were down 0.5% to about 3%.Front-month North Sea Brent crude oil futures fell 2.8% to $94.01.The Euro Stoxx 50 volatility index was 1.7% lower to 19.62. A reading above 20 indicates choppier markets ahead, while below 20 suggests calmer exchanges.

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International

Italian Monthly Industrial Sales Up 2% in March

Italy's industrial turnover rose 2% month over month in March, after a revised 0.5% uptick previously, according to data from statistics agency Istat published Wednesday.On a yearly basis, industrial sales were 4.4% higher, against a 0.5% gain earlier.

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International

Ifo: Pace of German Job Cuts 'Somewhat' Decelerates in May

More German companies are still planning layoffs amid "weak" economic development, but the job cuts "somewhat" slowed in May, the Ifo Institute said Wednesday.The ifo Employment Barometer edged up to 93.9 points in May from April's 91.4 points. However, ifo head of forecasts Timo Wollmershäuser noted that companies "remain cautious in their personnel planning."While manufacturing, retail and wholesale continue to shed jobs, the service sector recovered from the prior month's slump. Meanwhile, labor market conditions in logistics and tourism are still "difficult," and the construction industry's situation was "virtually unchanged."

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International

French Household Confidence Hits Lowest Level Since March 2023

France's household confidence indicator dropped to 82 points in May 2026, marking its lowest overall level since March 2023.A month earlier, the reading was 84 points, according to data from the national statistics agency Insee published Wednesday. The indicator moved further away from the long-term average of 100 points.Analysts expected 83 points for the month.

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International

EU New Car Registrations Rise 5.1% in April

The European Union's new car registrations increased 5.1% year over year to 972,314 units in April, according to data from the European Automobile Manufacturers' Association published Wednesday.In the first four months of 2026, new car registrations in the EU totaled 3,794,280 units, reflecting a 4.2% annual increase.

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Equities

Market Chatter: Canada Reportedly Strikes LNG Supply Deal with Germany's SEFE

Canada reportedly reached a deal to supply German energy company SEFE with as much as 1 million metric tons of liquefied natural gas annually.The LNG will be supplied from the planned CA$10 billion Ksi Lisims project in British Columbia, Bloomberg News reported Tuesday, citing people familiar with the matter.A deal could be announced by the Canadian Minister of Energy and Natural Resources Tim Hodgson on Wednesday, the report added.SEFE, Canada's Natural Resources Ministry, and Ksi Lisims LNG did not immediately respond to requests for comments from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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Asia Markets

European Bourses Mixed Midday as Markets Monitor Middle East Conflict

European bourses were mixed around midday Tuesday as investors continue to monitor tensions in the Middle East after new US military strikes on Iran.Wall Street futures were advancing premarket, while major Asian markets closed the day in the red.In regional news, the Confederation of British Industry distributive trade survey's retail sales balance improved to -46% in May from -68% in the prior month, according to published data.Export expectations in Germany weakened further this month, as the industry outlook "remains challenging" amid ongoing geopolitical instability, the ifo Institute said.Producer prices in Spain jumped 8.3% year over year in April, following a revised 3.1% increase the month prior, data from the National Statistics Institute showed.The pan-continental Stoxx Europe 600 Index was down 0.2%.The Stoxx Europe 600 Technology Index fell by 1.1%, while the Stoxx 600 Banks Index was 0.3% higher.The Stoxx Europe 600 Oil and Gas Index declined by 0.2% and the Stoxx 600 Europe Food and Beverage Index was down 0.1%.The REITE, a European REIT index, advanced by 0.5%.On the national market indexes, Germany's DAX was down 0.5%, and the FTSE 100 in London was 0.6% higher. The CAC 40 in Paris was off 0.9%, and Spain's IBEX 35 was marginally advancing.Yields on benchmark 10-year German bonds were little changed.Front-month North Sea Brent crude-oil futures were 2.6% higher at $98.59 per barrel.The Euro Stoxx 50 volatility index was down 0.4% to 19.77. A reading above 20 indicates choppier markets ahead, while below 20 suggests calmer exchanges.

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International

Ifo: German Export Outlook Declines in May as Geopolitical Uncertainty Persists

Export expectations in Germany weakened further in May, as the industry outlook "remains challenging" amid ongoing geopolitical instability, the ifo Institute said Tuesday.The ifo export expectations dropped to -5.5 points in May, from -1.2 points in April, with the automotive, metal, and other energy-intensive industries expecting a decline in international sales.On the other hand, the electrical sector maintains a "moderately optimistic" export outlook, though it has cooled slightly from last month. Similarly, furniture manufacturers anticipate a boost in foreign sales.

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International

Spanish Annual Producer Prices Up 8.3% in April

Producer prices in Spain jumped 8.3% year over year in April, following a revised 3.1% increase previously, data from the National Statistics Institute showed Tuesday.On a monthly basis, the industrial price index was 1.7% higher, after a revised 6.2% growth in March.

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Equities

ECB's Schnabel Says June Rate Hike 'Needed' to Combat Sustained Inflation Shock

The European Central Bank will likely need to raise interest rates at the upcoming June meeting amid a "much more persistent" inflation shock, according to ECB executive board member Isabel Schnabel."The shock is working its way through the economy and is shifting inflation away from our target over a significant period of time. Even if the war ended today, a lot of damage has already been done to energy infrastructure and global supply chains. So, even then, I believe that a monetary policy reaction would be needed," Schnabel told Reuters in an interview published Tuesday.As headline inflation in the euro area hit 3% and is projected to climb toward 4% by the end of 2026, Schnabel added that "looking through is no longer an option in my view." However, she maintained that the central bank remains "strictly data dependent" and will avoid pre-committing to a specific policy path past June.

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International

Fitch Affirms Belgium's Issuer Default Rating on Diversified Economy; Outlook Stable

Fitch affirmed its A+ long-term issuer default rating for Belgium, with a stable outlook, according to a May 22 release.The rating is based on Belgium's wealthy, diversified economy and its eurozone membership, combined with its income per capita and governance metrics surpassing its A peer median. However, Fitch noted that these factors are offset by the country's "very high and rising" government debt, alongside a complex political and institutional framework that hinders fiscal reform efforts.The rating agency forecasts that without additional budget reforms, Belgium's debt-to-gross domestic product ratio will climb past 115% of its gross domestic product by 2030. Concurrently, Fitch forecasts the country's real GDP growth to decelerate to 0.8% in 2026, down from 1% in 2025, as energy-driven inflation from the Iran conflict is expected to dampen domestic demand.

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