European stocks log record close, boosted by financials and US shutdown relief - News Summed Up

European stocks log record close, boosted by financials and US shutdown relief


European healthcare stocks added 1.1 per cent, while energy stocks fell 0.6 per cent. Back in the UK, investment banking stocks fell 1.7 per cent with 3i Group in the lead with 3.3 per cent losses. Taylor Wimpey’s shares fell nearly 4 per cent after reporting a softer autumn selling season as British buyers hesitated ahead of the budget announcement. Energy shares fell 1 per cent as oil prices dipped, with oil majors BP and Shell dropping 1.7 per cent and 0.7 per cent, respectively. Most big tech stocks fell with Alphabet, Tesla and Meta Platforms down between 2.3 per cent and 2.6 per cent.


Source: The Irish Times November 12, 2025 20:24 UTC



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