European Stocks Rise on Monday
2026-09-21 07:41
By
Joana Taborda
1 min. read
European stocks opened the week higher, with the STOXX 50 gaining 1.1% and the STOXX 600 rising 0.7%, as oil prices extended their declines for a fourth consecutive session, providing some relief on inflationary pressures.
Sentiment was also supported by expectations surrounding this week’s summit between US President Trump and Chinese President Xi Jinping, with the US describing its talks with China ahead of the meeting as “very successful”.
Investors were also digesting the results of state elections in Germany.
The CDU recorded a very low vote share, adding further pressure on Chancellor Merz.
The far-right AfD is leading in Mecklenburg-Western Pomerania while in Berlin, the Left emerged as the leading party.Technology stocks were among the strongest performers, with ASML Holding, Infineon and STMicroelectronics each gaining around 2.8%.
Societe Generale rose approximately 3.6%, making it one of the top performers on the STOXX 600, after the bank raised its profitability target.