European stocks weakened slightly on Wednesday (October 29, 2025), after several consecutive days of record highs. The STOXX 600 index fell by around -0.3% to 576 points, while the STOXX 50 also corrected from its peak. Investors chose to hold positions while awaiting key data and policy decisions from the Federal Reserve (The Fed).
The pharmaceutical sector was one of the laggards, with shares of giants like Novartis plunging by around -4.3% after underwhelming financial results. On the other hand, stocks like HSBC and Nokia actually saw a surge—HSBC rose by around 4.4% after raising its 2025 profit outlook, while Nokia surged ~20% after announcing an investment from Nvidia.
Despite the slight correction, observers noted that the previous rally had "heated up," and current conditions suggest the market is awaiting confirmation of its next direction. Therefore, large-scale buying positions are considered inappropriate until several catalysts—such as the release of US employment data and the Fed's stance—occur.
In general, investors remain optimistic in the medium term but cautious in the short term. If quarterly results and the Fed's signals surprise on the hawkish side, European markets could correct again. However, if dovish signals emerge or optimism grows, upside potential remains. (asd)
Source: Newsmaker.id
European stocks closed lower on Tuesday, with the STOXX 50 down 0.5% and the broader STOXX 600 slipping 0.4%, as optimism around Russia–Ukraine peace efforts prompted investors to reassess the outlook...
Stocks fell slightly on Tuesday as traders digested the delayed release of the November's jobs report. The S&P 500 fell 0.1%, while the Nasdaq Composite pulled back about 0.2%. The Dow Jones Indu...
European stocks are expected to open lower on Tuesday (December 16), reversing gains seen earlier in the week. Shortly after the opening bell, the pan-European Stoxx 600 index fell 0.2%, with most se...
Asia-Pacific stock markets mostly opened lower on Tuesday, following Wall Street's overnight decline. Pressure stemmed from investors exiting artificial intelligence (AI) stocks in the United States. ...
The S&P 500 and the Dow Jones added 0.1% and 0.2%, respectively, while the Nasdaq fell 0.2% as a tech-led tumble erased early gains and left markets awaiting clearer macro direction. Heavyweights...
European stocks closed lower on Tuesday, with the STOXX 50 down 0.5% and the broader STOXX 600 slipping 0.4%, as optimism around Russia–Ukraine peace efforts prompted investors to reassess the outlook for military spending and weighed on defense...
Gold prices briefly strengthened after the release of US economic data, which sparked an initial market reaction. The data fueled speculation that economic pressures persisted, prompting investors to temporarily turn to gold as a safe haven. This...
Oil prices fell below $60 a barrel on Tuesday, the lowest since May, as prospects for a Russia-Ukraine peace deal appeared to strengthen, raising expectations sanctions could be eased. Brent crude futures fell $1.03, or around 1.7%, to $59.53 a...
New York Federal Reserve President John Williams said on Monday the U.S. central bank's interest rate cut last week leaves it in a good position to...
Stocks rose Monday led by a broad array of names as traders bet data set for release this week will point to tame inflation and strong economic...
Asian markets opened lower in the last full trading week of 2025, fueled by concerns about the prospects for tech company profits and growing AI...
Pasangan mata uang EUR/USD mengawali pekan ini dengan nada sedikit melemah di sesi Asia, diperdagangkan di sekitar 1,1730, turun kurang dari 0,10%...