tradingkey.logo

LIVE MARKETS-Europe in the green, set for fifth weekly rise

ReutersMay 16, 2025 8:06 AM
  • STOXX 600 up 0.7%
  • Richemont rises after results, lifts luxury
  • Healthcare stocks rise
  • Wall St futures higher

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com

EUROPE IN THE GREEN, SET FOR FIFTH WEEKLY RISE

The STOXX 600 is trading at its highest level since March 26 on Friday as equity markets continue to recover from the tariff-induced sell-off six weeks ago.

The pan-continental benchmark .STOXX is up 0.7% on the day, taking its weekly rise to over 2%, and on track for its fifth straight weekly rise.

Other major bourses are also higher. Germany's DAX .GDAXI is adding 0.7%, France's CAC .FCHI is up 0.6% and Britain's FTSE 100 .FTSE is rising 0.4%.

Switzerland's SMI .SSMI outperforms, up 0.9%, helped by a rise in healthcare stocks and a 5% jump in luxury group Richemont CFR.S after the Cartier owner reported a better-than-expected 7% rise in quarterly sales.

Here's your opening snapshot:

(Samuel Indyk)

FRIDAY'S OTHER LIVE MARKETS POSTS:

EUROPE BEFORE THE BELL: STOCKS SET TO ROUND OFF POSITIVE WEEK IN THE GREEN CLICK HERE

TRADE-DRIVEN RALLY ENDS THE WEEK WITH A WHIMPER CLICK HERE

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI