European Stocks Waver

2026-02-10 08:29 By Joana Taborda 1 min. read

Both the STOXX 50 and the STOXX 600 hovered near the flatline on Tuesday following a strong two-day rally that pushed major indices to record highs, as investors turned their attention to fresh corporate updates.

BP shares slid 4% after the company halted its share buyback and reported fourth-quarter profits broadly in line with expectations.

Barclays edged 0.2% lower despite posting a 12% increase in annual profit and announcing a GBP 1 billion share buyback.

Allianz fell 2.4%, Prosus NV lost 1.4%, and Zurich declined 1%.

On the upside, AstraZeneca climbed 2% after delivering strong quarterly results.

Kering surged more than 8% after saying it expects a return to growth this year.

Philips jumped 10% after beating profit expectations and forecasting higher sales and profitability.

Luxury names also advanced, with LVMH up 1.3%, Hermès gaining 2.9%, and L’Oréal rising 0.9%.



News Stream
European Stocks Edge Down
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