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Market & Economic Intelligence Platform Insight on Macro, Commodities, Equities & Policy

19 May 2025 14:49  |

European Stocks Lower on Monday

Both the STOXX 50 and the STOXX 600 fell 0.4% on Monday, failing to shrug off negative sentiment from the US after Moody’s downgraded the country’s credit rating and outlook.

Traders remained focused on geopolitical developments. The EU and the UK reached a provisional agreement on defence and security cooperation, fisheries, and youth mobility ahead of an EU–UK summit. The deal could open the door for British firms to participate in major EU defence contracts.

Also, Donald Trump and Vladimir Putin are set to speak today about the situation in Ukraine. Among sectors, food & beverages and travel & leisure led gains, while oil & gas, technology, and banking lagged behind. Corporate news was also in focus.

Diageo climbed roughly 2% after the company reaffirmed its full-year guidance, despite warning of an annual $150 million impact from tariffs. Meanwhile, BNP Paribas rose 1.4% after announcing the launch of a €1.08 billion share buyback program for 2025.

Source: Trading Economics

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