European Indexes Mixed in Response to Fed Cut, Peace Deal -- Market Talk

Dow Jones06-18 15:26

0726 GMT-European indexes are mixed at the open as investors digest a hawkish pivot from the Federal Reserve and the signing of a deal to end the U.S.-Iran war. Rate-sensitive software stocks slide, while some energy-sensitive stocks rally on falling oil prices. The Stoxx 600 slips 0.1%. London's FTSE 100 falls 0.7% as oil majors falter, while house builders fall sharply with Persimmon down 5.45%. Precious metals miners fall, with Fresnillo down 3.2%. The French CAC 40 is flat as gains for industrials--Schneider Electric is up 1.7%--counter a slip in luxuries. Germany's industrial-heavy DAX climbs 0.25%, led by semiconductor manufacturer Infineon Technologies--up 4.55%. The Dutch AEX slips 0.3% as software stocks slide, despite modest gains for semiconductor stocks. Cross-listed Relx falls 2%. The Italian FTSE MIB rises 0.2%. Spain's IBEX 35 slips 0.15% as software group Amadeus slides 2.1%.(josephmichael.stonor@wsj.com)

 

(END) Dow Jones Newswires

June 18, 2026 03:26 ET (07:26 GMT)

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