Philenews

European Stocks Near Record High After Trading Resumes

Published December 29, 2025, 11:16
European Stocks Near Record High After Trading Resumes

European stocks rose on Monday, approaching record highs after trading resumed following the Christmas holidays. The pan-European STOXX 600 index gained marginally, while the basic resources sector led the gains, following the upward trend in precious metal prices. Major European markets showed mixed trends, with the German DAX declining, while the British FTSE 100 and French CAC 40 remained relatively stable. The cautious sentiment of investors, due to the shortened trading week, influenced the market's performance. Conversely, the defense and aerospace sector recorded losses after statements by Donald Trump regarding a potential agreement to end the war in Ukraine, despite the fact that the status of the Donbas region remains unresolved. Investors' attention is now focused on the release of the minutes from the latest meeting of the US Federal Reserve (Fed), which cut interest rates but predicted limited further reductions. This stance contrasts with market expectations for more cuts, with the belief that the next Fed chairman will follow a more dovish monetary policy.