FX.co ★ European Stocks Close at Record Highs

European stock markets closed sharply higher on Monday, buoyed by gains in banks, industrial heavyweights, and technology shares, amid a fresh wave of positive corporate news and a continued perception that this year’s macroeconomic environment remains broadly supportive for equities. The STOXX 50 climbed 1% to 6,058 and the STOXX 600 added 0.6% to 621, with both indices ending at record highs. UniCredit jumped more than 6.4% after posting better-than-expected fourth-quarter results and announcing a robust dividend, extending the strong run for major eurozone banks. In the tech space, SAP and Adyen rose between 2.5% and 5%, rebounding from last week’s sector-wide selloff triggered by strong automation tool performance from Anthropic. Meanwhile, TotalEnergies, Siemens, EssilorLuxottica, and Siemens Energy advanced ahead of their earnings releases later this week.