Activity remained subdued across the continent, though individual movers provided some volatility. Nexans shares climbed 4.5% and Evonik Industries added 3.7%, contrasting with a 4.5% slide for both Unite Group and SSAB Series B. The FTSE 100 edged down 0.1%, while France’s CAC 40 and Germany’s DAX both managed modest gains of 0.2%.
In section Market Quotes
European Markets Muted as U.S. Exchanges Observe Holiday
With Wall Street shuttered for the holiday, European equities traded in a narrow range on Monday. The Stoxx Europe 600 index remained flat, reflecting a lack of directional conviction as investors navigated a quiet session across major global financial hubs.
Energy markets saw upward pressure, with Brent crude rising 0.4% to $80.17 a barrel and WTI crude reaching $76.14. Natural gas prices also tracked higher, as the Dutch TTF futures contract jumped 3.3% to 41.85 euros per megawatt hour. In the sovereign debt market, the German 10-year Bund yield rose 3 basis points to 2.966%, while Asian markets showed mild strength, led by a 0.3% rise in Japan's Nikkei 225.
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