FX.co ★ European Stocks Rise

European stocks extended their gains on Tuesday, with both the STOXX 50 and STOXX 600 climbing nearly 0.9%. The advance brought the STOXX 50 close to a two-month high and pushed the STOXX 600 to a new record. Market sentiment stayed upbeat amid a continued rebound in global technology shares following last week’s selloff, while lower oil prices also supported investor confidence. Earnings reports remained a key driver of trading. Most sectors finished in positive territory, led by banks, industrials, and technology, while energy lagged behind. Among individual movers, Infineon Technologies rose 3.3% after posting double-digit year-on-year revenue growth and issuing an optimistic outlook for Q4 2026. Safran added 4.1%, and BNP Paribas gained 2.7%. By contrast, oil majors Shell and BP each slipped 1.1%.