Archive · 26 Nov 2025
European Stocks Steady Amid US Data Await
European stocks were not moving much because investors were waiting for important news about the US economy.
This news could tell them if interest rates will go down.
Some stocks, like those for defense companies, went up because there were fights between Russia and Ukraine.
A company called Kingfisher Plc did really well because they said they would make more money than expected.
Another company, ABN Amro Bank NV, also did well because they are going to cut many jobs to make more money.
But a company called Beazley Plc did not do well because they sold less than people thought they would.
Everyone is also waiting to see if the US will cut interest rates soon, which could make things better for investors.
European stocks were steady as investors awaited US economic data for interest rate clues.
Defense stocks rose 1.7% following airstrikes between Russia and Ukraine.
Kingfisher Plc jumped 6.9% after boosting profit guidance.
ABN Amro Bank NV shares advanced 6.5% with plans to cut 20% of its workforce.
Beazley Plc shares fell 9.2% due to below-expectation third-quarter sales.
- Who
- European investors, US officials, Russian delegation, President Donald Trump, Ukrainian President Volodymyr Zelenskiy, Raphael Thuin, Kingfisher Plc, ABN Amro Bank NV, Beazley Plc
- What
- European stocks were steady ahead of US economic data, defense stocks rebounded, and individual stocks like Kingfisher Plc and ABN Amro Bank NV saw significant movements.
- When
- As of 9:19 a.m. in Paris, with data and events occurring in the preceding days.
- Where
- Europe, with mentions of Paris, Kyiv, and Abu Dhabi.
- Why
- Investors were looking ahead to US economic data for clues on interest rates, and there were renewed efforts for a peace deal between Ukraine and Russia.
- Stoxx Europe 600 Index
- Little changed as of 9:19 a.m. in Paris
- Defense stocks
- Rose 1.7%
- Kingfisher Plc
- Jumped as much as 6.9%
- ABN Amro Bank NV
- Shares advanced 6.5%
- Beazley Plc
- Shares fell 9.2%
- Fed rate cut
- 80% chance in December