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OBBM Network Editorial Staff

July 3, 2026

Europe’s benchmark STOXX 600 hit a record high on Friday and was set for its biggest weekly gain in over a month, underpinned by gains in cyclical stocks and as investors pushed back expectations for an imminent U.S. interest rate hike.

Market Trends

The pan-european STOXX 600 was up 0.5% at 651.52 points by 0709 GMT and was set for its biggest weekly rise since mid-May. Germany’s DAX index led gains among regional bourses with a 0.9% jump and also notched an all-time high.

Defence stocks were up 0.8% as Russia bombarded Ukraine with its deadliest strike this year. Investors anticipate more defence spending and output in times of geopolitical tensions.

Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.

OBBM Network Editorial Staff

[email protected]

Editorial team behind OBBM Network — independent, hyper-local journalism syndicated through HyperLocalLoop and OBBM Network TV.

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Be The Voice Of Your Community

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Local News Is a Public Good

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