European Stocks Rebound
2025-12-02 10:15
By
Joana Taborda
1 min. read
Stocks in Europe recovered from a tepid open on Tuesday, with the STOXX 50 rising 0.6% and the STOXX 600 up 0.2%, though a cautious tone is likely to persist after Monday’s risk-off shift.
A rebound in the Japanese bond market also helped ease some of the previous day’s pressure.
On the data front, preliminary Eurozone inflation figures showed headline inflation unexpectedly edging up to 2.2% from 2.1%, while core inflation held steady at 2.4%, reinforcing expectations that the ECB's current policy stance to keep interest rates unchanged.
Shares of Bayer surged more than 12% after the Trump administration urged the US Supreme Court to hear the company’s bid to limit thousands of lawsuits alleging its Roundup weedkiller causes cancer.
LVMH trimmed earlier losses to end 0.1% lower, SAP fell 0.8%, and Airbus declined 0.3%, extending Monday’s drop as the company prepares to inspect hundreds of A320 jets.