The Stoxx 600 fell 0.31% to close at 635.77 points on Friday, down about 1.4% for the week in its steepest weekly loss since early September. Investors were weighed down by unrest in France and higher oil prices, while Kering plunged 16.6% after Gucci's third-quarter sales fell, dragging the luxury index down 3.6%. L'Oréal rose 5.6% after beating sales forecasts, whereas Volvo Cars sank more than 24% to a record low after a bigger-than-expected third-quarter operating loss and plans to cut 2,500 jobs. The European Central Bank meets next week, with investors pricing in a more than 91% probability that it will hold rates steady.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: European stocks post weekly loss as France turmoil , oil prices dent earnings optimism
Read the original on businesstimes.com.sg ↗
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SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/23/2026 | 759.85 |
| Change that session | -0.54% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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