European shares soar on hopes of end to US government shutdown - News Summed Up

European shares soar on hopes of end to US government shutdown


Guinness owner Diageo saw is shares rally as the group announced a new CEO. Photograph: Chris Ratcliffe/BloombergEuropean shares rose on Monday as investors globally cheered signs that the record-long US government shutdown could soon come to an end. The pan-European Stoxx 600 closed up 1.4 per cent at 572.82 points, logging its best day in nearly three weeks. Shares in Dalata Hotel Group ceased trading on the Dublin Stock Exchange today after its €1.4 billion sale to Scandinavian investors has completed. Shares of health insurers dropped after the US Senate struck a deal to end the 40-day federal shutdown without extending Affordable Care Act subsidies, setting up a December vote on the issue instead.


Source: The Irish Times November 11, 2025 04:35 UTC



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