European Stocks Move Lower

2026-06-22 10:26 By Joana Taborda 1 min. read

Stocks in Europe moved into negative territory on Monday, reversing small early session gains, with the STOXX 50 trading around the flatline and the STOXX 600 slipping 0.2% as investors assessed developments in the Middle East and the UK.

British Prime Minister Keir Starmer announced his resignation as expected, opening the possibility for Greater Manchester Mayor Andy Burnham, who was elected to Parliament last week, to succeed him.

Meanwhile, the US and Iran agreed on a roadmap aimed at reaching a final peace agreement within 60 days, despite renewed tensions and threats over the weekend.

Oil prices were lower, with Brent crude falling below $80 per barrel.

The luxury sector was among the weakest performers, with LVMH (-1.6%), Hermès (-4.6%) and L’Oréal (-1%) all under pressure.

By contrast, technology stocks outperformed, with ASML Holding (+1.3%), STMicroelectronics (+2%) and Infineon Technologies (+4.9%) advancing, although SAP fell 2.1%.



News Stream
European Stocks Move Lower
Stocks in Europe moved into negative territory on Monday, reversing small early session gains, with the STOXX 50 trading around the flatline and the STOXX 600 slipping 0.2% as investors assessed developments in the Middle East and the UK. British Prime Minister Keir Starmer announced his resignation as expected, opening the possibility for Greater Manchester Mayor Andy Burnham, who was elected to Parliament last week, to succeed him. Meanwhile, the US and Iran agreed on a roadmap aimed at reaching a final peace agreement within 60 days, despite renewed tensions and threats over the weekend. Oil prices were lower, with Brent crude falling below $80 per barrel. The luxury sector was among the weakest performers, with LVMH (-1.6%), Hermès (-4.6%) and L’Oréal (-1%) all under pressure. By contrast, technology stocks outperformed, with ASML Holding (+1.3%), STMicroelectronics (+2%) and Infineon Technologies (+4.9%) advancing, although SAP fell 2.1%.
2026-06-22
European Stocks Cautiously Higher
Stocks in Europe were cautiously higher at the start of the week, with the STOXX 50 gaining 0.3% while the STOXX 600 hovered around the flatline, as investors assessed developments in the Middle East and the possibility of a political leadership change in the UK. The US and Iran agreed on a roadmap aimed at reaching a final peace agreement within 60 days, despite renewed tensions and threats over the weekend. The prospect of de-escalation helped ease concerns over energy supplies, pushing oil prices lower, with Brent crude falling below $80 per barrel. ASML Holding (1.5%), Infineon (4.4%), STMicroelectronics (2.2%) were among the top performers, alongside ASML Holding (1.5%), Rheinmetall (1.4%), Repsol (1.2%), RWE (1.3%) and Lufthansa (1%). Meanwhile, Volkswagen (-1.9%), Moncler (-1.9%), and Mercedes-Benz (-1.2%) were among the worst performers on the index.
2026-06-22
European Stocks Poised for Muted Open
European equity markets were set for a largely unchanged open on Monday as investors tracked evolving developments in US-Iran peace negotiations. Reports suggested that Washington and Tehran had agreed on a roadmap toward a final agreement within 60 days, helping ease market concerns after both sides recently exchanged fresh threats over the conflict in Lebanon. In the UK, investors are also assessing speculation that Prime Minister Keir Starmer could announce plans to relinquish power as early as today after Greater Manchester Mayor Andy Burnham was elected to parliament last week and emerged as a potential challenger. Meanwhile, the European calendar is light, with no major economic data releases or corporate earnings reports due. In premarket trading, Euro Stoxx 50 and Stoxx 600 futures were little changed, hovering around flat to slightly lower levels.
2026-06-22