2025.11.1808:42:40UTC+00European Stocks at One-Month Lows

On Tuesday, the STOXX 50 index experienced a decline of 1.2%, while the STOXX 600 retreated by 1.1%. This marked the fourth consecutive session of losses for both indexes, reaching their lowest point in a month. The downturn was part of a broader global sentiment characterized by risk aversion, driven by renewed apprehensions over potentially inflated valuations in AI-related stocks ahead of Nvidia's quarterly report this week. Additionally, investor sentiment was dampened by the anticipation of crucial US economic data that might dissuade the Federal Reserve from further interest rate cuts. The banking sector was notably impacted, with significant declines seen in shares of Societe Generale (-3.2%), Deutsche Bank (-3.3%), and Barclays (-3%). ABB saw a 2.8% decrease after only reiterating its growth forecasts, leaving investors dissatisfied. Umicore faced a steep drop, falling by over 11%. Conversely, Intermediate Capital saw a significant rise of 8.1% following the release of strong half-year results. Roche's shares surged nearly 7% after revealing positive results from a late-stage trial of its breast cancer medication, giredestrant. Additionally, Rheinmetall’s stock increased by approximately 3.5%.