CAC 40

European indexes edged higher in early trade, with AI-related stocks gaining, software stocks falling and the Europe-wide Stoxx 600 in positive territory.

European indexes were largely unmoved in muted early trade, with the Stoxx 600 nudged upward and media and healthcare stocks gaining.

In London, defence stocks were among the worst performers in the FTSE 100 amid uncertainty over government spending.

European indexes rallied in a strong open. Banking stocks rose to recover some of Thursday's losses as the Europe-wide Stoxx 600 adds 0.6%. Luxury stocks rose in Paris, pushing the CAC 40 up 1%. EssilorLuxottica led the index, up 2.

Shares of European semiconductor companies were mixed as investors waited for Nvidia’s results to gauge appetite for artificial-intelligence chips.

Oil prices edged lower despite US Treasury Secretary Scott Bessent declaring that an ‘economic D-Day’ had begun against Iran.

European stock indexes were mixed, with gains in autos and semiconductors unable to lift the lift the Europe-wide Stoxx 600 index.

European chip stocks fell sharply in early European trade, with losses deepening as the trading day progressed.

The FTSE 100 index closed down 29.81 points, 0.3%, at 10,720.30.

European stocks have historically struggled in August, but the average hides an important detail. A handful of major crises account for most of the losses.View on euronews