Europe closes mixed as energy shock, precious metals rally and autos lag
Executive summary: European markets ended the session mixed, with the FTSE 100 and major continental benchmarks under pressure while CAC 40 outperformed. The sharpest move came in Brent crude, which fell more than 6.7%, while gold, silver, platinum and palladium all advanced strongly. FX was comparatively calm, with the euro and pound little changed against the dollar. The cross-asset picture points to a market still balancing growth concerns, commodity volatility and a rotation toward defensive and hard-asset exposure. [Continue Reading]
360LiveNews Markets Intelligence | 06 Nov 2026 16:45 LONDON
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Global stocks plunge for a second day as AI slowdown fears spread
Asian and European markets fell sharply on Friday as a Wall Street tech rout spread across global trading, with investors reacting to fears that spending on artificial intelligence and data centres could slow after the Democrats' midterm victory. The FTSE 100 opened down 1.5%, while Germany's Dax, France's Cac 40 and Spain's Ibex also moved lower. The declines followed a severe sell-off in US technology shares on Thursday and extended the pressure into the next trading session.The Nasdaq had its worst day in 19 months, falling 5.5%, while chip and storage stocks led the losses. SanDisk dropped 22% and Western... [Continue Reading]
360LiveNews | 06 Nov 2026 09:31 LONDON
European markets open firmer as metals rally, energy eases and autos lag sharply
Executive summary: European equities opened higher, led by gains in Germany and France, while gold, platinum, palladium and natural gas advanced. Brent crude slipped, the euro and sterling edged up against the dollar, and global autos underperformed sharply. The move set points to a market that is rotating toward defensives and commodities linked to inflation hedging, while energy and cyclical auto exposure face pressure. [Continue Reading]
360LiveNews Markets Intelligence | 06 Nov 2026 08:15 LONDON
