11:10 AM EDT, 03/12/2026 (MT Newswires) -- European equities traded in the US as American depositary receipts slumped late Thursday morning with the S&P Europe Select ADR Index declining 1.9% to 1,723.21.

From continental Europe, the gainers were led by biotech firm Evaxion (EVAX) and telecommunications company Nokia (NOK), which climbed 6.4% and 3.5%, respectively. They were followed by 3D printer company Materialise (MTLS) and petroleum refiner Equinor (EQNR), which advanced 3.4% and 2.3%, respectively.

The decliners from continental Europe were led by lender Banco Bilbao Vizcaya Argentaria (BBVA) and biopharmaceutical company Cellectis (CLLS), which dropped 6% and 5.5%, respectively. They were followed by lenders Banco Santander (SAN) and ING (ING), which lost 4.1% and 3.9%, respectively.

From the UK and Ireland, the gainers were led by biopharmaceutical company Akari Therapeutics (AKTX) and oil and gas company BP (BP), which rose 1.9% and 1.3%, respectively. They were followed by utility company National Grid (NGG) and oil and gas company Shell (SHEL), which were up 1.2% and 1.1%, respectively.

The decliners from the UK and Ireland were led by lender Barclays (BCS) and cruise line operator Carnival (CUK), which fell 6.3% and 6.1%, respectively. They were followed by lender HSBC (HSBC) and biotech company Autolus Therapeutics (AUTL), which were down 4.7% and 4.2%, respectively.