financetom
World
financetom
/
World
/
European Stocks Close Mixed in Tuesday Trading; Eurozone Business Activity Contracts for Third Straight Month
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
European Stocks Close Mixed in Tuesday Trading; Eurozone Business Activity Contracts for Third Straight Month
Jun 23, 2026 9:06 AM

11:46 AM EDT, 06/23/2026 (MT Newswires) -- The European stock markets closed mixed in Tuesday trading as the Stoxx Europe declined 0.5%, Germany's DAX dropped 0.7%, the FTSE 100 gained 0.2%, France's CAC fell 0.3%, and the Swiss Market Index rose 0.4%.

Eurozone business activity remained in contraction territory for the third straight month as the seasonally adjusted S&P Global Flash Eurozone Composite PMI Output Index was 49.5 in June, up from 48.5 in May but remained below the 50.0 no-change mark.

"The eurozone economy is showing enough resilience to just about stay out of recession," Chris Williamson, chief business economist at S&P Global Market Intelligence, said in a statement. "The flash PMI registered only a slight drop in business activity in June."

Britain is considering rules that would require social media platforms, including Meta's Facebook, Alphabet's YouTube, and TikTok, to make content from trusted news providers more visible in users' feeds and search results, Reuters reported Sunday.

The government said increasing the visibility of regulated news organizations such as the BBC, ITV, and Channel 4 could help combat online misinformation, according to Reuters.

And in corporate news, BHP and labor unions have yet to strike an agreement over wages and working conditions, but industrial action is not expected until their next bargaining meeting on July 7, Nikkei Asia reported Tuesday.

The Electrical Trades Union, the Australian Manufacturing Workers' Union, and the Western Mine Workers Alliance held talks with the company on Tuesday, according to the report.

BHP and the unions did not immediately respond to MT Newswires' requests for comment.

Shares of the mining company fell close to 4% in London.

UBS and Nethermind have completed two joint proofs of concept showing the public Ethereum network can satisfy regulated financial institutions' operational and compliance needs, the companies said Tuesday.

The tests demonstrated that banks could run its own compliance controls through their existing infrastructure on top of Ethereum without altering how the network itself operates, they said.

Shares of the Swiss bank dropped close to 1% in Zurich.

Barclays is exploring a return to the cash equities sector in Japan, roughly ten years after departing the market, Bloomberg News reported Tuesday, citing people familiar with the matter.

The talks are in their initial phases, and a definitive conclusion has not been reached, the news outlet quoted the people as saying.

Barclays did not immediately respond to MT Newswires' request for comment.

Shares of the British lender were off 0.4% in London.

BP, Marathon Petroleum, and Walmart were sued, among others, by California drivers for allegedly using artificial intelligence to inflate fuel prices, Reuters reported Tuesday, citing a proposed class action lawsuit.

The lawsuit claims the gas station operators violated state antitrust and algorithmic price-fixing laws by using a software tool from Kalibrate to coordinate the higher pricing, Reuters said.

BP, Marathon Petroleum, Walmart, and Kalibrate did not immediately respond to MT Newswires' requests for comment.

Shares of the British oil and gas major were 0.2% lower in London.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
JGBs rally after officials hint at pension fund shift, strong auction
JGBs rally after officials hint at pension fund shift, strong auction
Jul 13, 2026
TOKYO, July 14 (Reuters) - Japanese government bonds (JGBs) rallied on Tuesday after officials flagged possible changes to asset allocations of pension funds and as demand increased at a long-term debt sale. Here are a few details: * The benchmark 10-year JGB yield slid 4.5 basis points (bps) to 2.740%. Yields move inversely to bond prices. * Finance Minister Satsuki...
GLOBAL MARKETS-Asian stocks drop as oil rises after Trump's Hormuz levy threat
GLOBAL MARKETS-Asian stocks drop as oil rises after Trump's Hormuz levy threat
Jul 13, 2026
* Brent extends gains as Trump threatens 20% fee on cargo shipping * Asian stocks volatile, Taiwan shares fall to one-month low * Hawkish comments from Fed's Waller lift odds of July rate hike (Adds investor quote in paragraph 13, updates prices throughout) By Gregor Stuart Hunter SINGAPORE, July 14 (Reuters) - Stocks fell and oil hit a one-month high...
Italy - Factors to watch on July 14
Italy - Factors to watch on July 14
Jul 13, 2026
The following factors could affect Italian markets on Tuesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). COMPANIES TELECOM ITALIA, INWIT An Italian judge has rejected an urgent request by Italian telecom tower company to suspend Telecom Italia's withdrawal from a tower lease agreement, the company said on Monday,...
Japan's Nikkei trades sideways as inflation, Iran concerns weigh
Japan's Nikkei trades sideways as inflation, Iran concerns weigh
Jul 13, 2026
TOKYO, July 14 (Reuters) - Japan's Nikkei share average struggled for direction on Tuesday as bargain buying was offset by renewed inflation and geopolitical concerns. The benchmark Nikkei 225 swayed between gains and losses and was last up 0.10% at 67,311.44. The broader Topix gained 0.41% to 4,023.89. U.S. stocks fell overnight after Iran said it had again closed the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved