"European Stocks" European stocks are slightly weak in the early stage, mining stocks decline, and military stocks rise

AASTOCKS
2026.01.16 08:55

European stocks opened slightly lower, with gold prices retreating affecting mining stocks. The UK stock market fell after reaching a peak, while defense stocks rose.

The pan-European STOXX 600 index fell by 0.82 points or 0.1%, closing at 613.75 points; the UK FTSE 100 index dropped by 20 points or 0.2%, closing at 10,218 points, having reached 10,240 points during the session, close to yesterday's historical high of 10,250; the French CAC 40 index decreased by 16 points or 0.2%, closing at 8,296 points; the German DAX index fell by 34 points or 0.1%, closing at 25,317 points; the Spanish IBEX 35 index dropped by 29 points or 0.2%, closing at 17,612 points; the Italian FTSE MIB index decreased by 76 points or 0.2%, closing at 45,773 points.

Mining stocks Rio Tinto, BHP, and Antofagasta fell by 2% to 2.3%. Defense stocks BAE Systems and Thales each rose over 2%, while Dassault Aviation increased by 1.7%. Additionally, pharmaceutical company Novo Nordisk rose by 3%. Semiconductor equipment manufacturer ASML received a target price upgrade from Morgan Stanley, with its stock price rising by 0.5%.

In U.S. stock futures, Dow futures rose by 64 points or 0.1%, closing at 49,703 points; S&P 500 futures increased by 18 points or 0.3%, closing at 7,000 points; Nasdaq 100 futures rose by 107 points or 0.4%, closing at 25,813 points.

In the Asia-Pacific stock markets, Shanghai and Hong Kong stocks each fell by 0.3%, while Shenzhen stocks dropped by 0.2%. Taiwan stocks rose by 1.9% to reach a new peak, Japanese stocks fell by 0.3%, and South Korean stocks rose by 0.9% to a new peak. Australian and New Zealand stocks increased by 0.5% and 0.4%, respectively. Indian and Singaporean stock markets recently rose by 0.1% and 0.2%