European equities finished mixed on the day, with gains in the broader continental indices offset by weakness in the U.K. market. The German DAX led the major indexes higher, rising 0.37%, while France’s CAC 40 added 0.44% as investors continued to digest the implications of the Federal Reserve’s more hawkish policy stance.
The broader Euro Stoxx 50 outperformed, gaining 1.39%, supported by strength in large-cap stocks across the euro area.
In contrast, the U.K.’s FTSE 100 lagged, falling 1.04%. The BOE kept rates unchanged in trading today.
Southern European markets were little changed, with Spain’s IBEX 35 and Italy’s FTSE MIB posting modest declines.
European Stock Market Close
- Euro Stoxx 50: 6,337.40, +86.60 (+1.39%)
- DAX (Germany): 25,028.05, +93.37 (+0.37%)
- CAC 40 (France): 8,467.99, +37.19 (+0.44%)
- FTSE 100 (U.K.): 10,399.69, -108.92 (-1.04%)
- IBEX 35 (Spain): 19,404.09, -17.81 (-0.09%)
- FTSE MIB (Italy): 52,688.21, +92.99 (+0.18%)
Biggest Gainers
- Euro Stoxx 50: +1.39%
- CAC 40: +0.44%
- DAX: +0.37%
- Italy: +0.18%
Biggest Losers
- FTSE 100: -1.04%
- IBEX 35: -0.09%
Overall, the tone across Europe was cautiously positive outside of the U.K., with investors favoring continental equities despite lingering uncertainty surrounding global interest rate expectations.
