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LIVE MARKETS-Miners and airlines uplift

ReutersJul 21, 2025 7:50 AM
  • STOXX 600 broadly unchanged
  • Ryanair up as profit doubles
  • Big week for earnings
  • S&P 500 futures edge higher

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MINERS AND AIRLINES UPLIFT

European stocks hovered near parity in early Monday trading, with strength across the materials sector lifting the STOXX 600 .STOXX after China vowed to shore up its industrial growth.

Their gains helped offset broader weakness elsewhere as traders cautiously awaited developments in trade talks with the U.S. ahead of a major week for global earnings.

The pan-European index was trading close to the flatline.

Spurred by gains in metals prices, miners were among the top STOXX gainers. Glencore GLEN.L, Anglo American AAL.L and Antofagasta ANTO.L shares all rose more than 3% in London.

Ryanair RYA.I stood out after the largest low-cost carrier in Europe reported that its quarterly profit more than doubled. Its shares surged nearly 10%, boosting other airline stocks.

Banks .SX7P fell slightly but, overall, the picture across country benchmarks was mixed:

(Danilo Masoni)

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EARLIER ON LIVE MARKETS:

BEFORE THE BELL: TARIFFS, EARNINGS AND ECB CLICK HERE

COULD HAVE BEEN WORSE, IS ENOUGH FOR THE YEN CLICK HERE

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