The major European markets closed higher on Thursday, supported by gains in retail, luxury, pharmaceuticals and industrials sectors even as tech stocks were under some pressure amid uncertainty about returns on AI-related investments. Softening global bond yields and strong UK GDP data aided sentiment.
The pan European Stoxx 600 climbed 0.38%. The UK’s FTSE 100 moved up 1.08%, Germany’s DAX gained 0.33% and France’s CAC 40 closed 0.78% up. Switzerland’s SMI jumped 1.55%.
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Market Analysis
Major European Markets Close On Firm Note
2026-10-15 17:51:29
