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2025-12-17 16:43:08
European stocks rose on Wednesday, with financial stocks leading the gains. ⑴ European stocks rose on Wednesday, rebounding from the previous day's losses. The Stoxx 50 index rose 0.4%, and the Stoxx 600 index rose 0.3%. ⑵ Banking and financial stocks led the gains, with HSBC Holdings rising 2.6%, UBS Group rising 1.6%, Intesa Sanpaolo rising 0.8%, Banco Bilbao Vizcaya Argentaria rising 0.3%, BNP Paribas rising 0.6%, and Deutsche Bank rising 1.4%. ⑶ Defense stocks rebounded after a sharp drop on Tuesday, with Safran Group rising 1.6% and Rheinmetall rising 1.9%. ⑷ Energy stocks also recorded solid gains, with BP rising 1.9%, Shell rising 1.4%, and Eni rising 0.9%. Semiconductor giant ASML Holdings also rose, gaining 1.5%. ⑸ In contrast, luxury goods stocks lagged behind, with LVMH falling 0.9%, Hermès falling 0.8%, and L'Oréal falling 0.5%. ⑹ Investors are preparing for Thursday's series of monetary policy decisions. The market widely expects the European Central Bank to keep interest rates unchanged, while the Bank of England will almost certainly resume its rate-cutting cycle.
