Europe Market Wrap 6 November: Midday, DAX Leads All Nine European Indices Lower
Published at 13:58 GMT.
All nine European indices we track were lower by mid-session on Friday, led by Frankfurt’s DAX with a 2.36% fall. The Stoxx Europe 600 was down 1.65% in quotes timed at 13:40 GMT, while Milan’s FTSE MIB held up best with a 1.24% decline.
Reuters reported that jitters over artificial intelligence following the change in the US political landscape sparked a global selloff, with London’s FTSE 100 on course for a weekly decline. Among the Stoxx 600 sectors, personal and household goods fell furthest, down 2.85% at the stamp, while technology was almost unchanged.
The continent mid-session
| Index | Level | Change |
|---|---|---|
| FTSE MIB (Italy) | 49,878.44 | -1.24% |
| AEX (Netherlands) | 1,114.58 | -1.30% |
| IBEX 35 (Spain) | 19,212.70 | -1.40% |
| Euro Stoxx 50 (euro area) | 6,140.17 | -1.47% |
| CAC 40 (France) | 8,073.86 | -1.60% |
| Stoxx Europe 600 (Europe) | 644.08 | -1.65% |
| FTSE 100 (UK) | 10,570.57 | -1.97% |
| SMI (Switzerland) | 14,651.65 | -2.11% |
| DAX (Germany) | 25,703.46 | -2.36% |
Intraday quotes at 13:40 GMT, Zurich’s at 13:38 GMT, all nine still trading; snapshots, not closes, measured against the prior session’s closes as published and ranked by change.
What to watch: The University of Michigan publishes its preliminary November consumer sentiment survey on Friday 6 November at 15:00 GMT.
Levels are from the price feed, measured against the prior session’s closes as published; percentages and counts not attributed to a source are The Edge’s calculations.
How these wraps are prepared: Methodology.
Sources: Reuters, University of Michigan, The Edge.
