6 July 2026, 11:50 Euro Zone: European Stock Slightly Higher.
European stocks edged higher at the start of the week, with the STOXX 50 rising 0.2% and the STOXX 600 adding 0.1%, following last week's strong rally that lifted both benchmarks to fresh record highs. Investors turned their attention to corporate developments and company-specific news. Travel and leisure stocks led the gains, with EasyJet surging nearly 10% after the airline agreed in principle to a GBP 5.5 billion takeover bid from US private equity firm Castlelake. Luxury shares also advanced, with LVMH (+1.3%), L'Oreal (+1.2%), and Hermes (+0.9%) posting solid gains. Meanwhile, the technology sector lagged, weighed down by declines in ASML Holding (-1.5%) and Infineon Technologies (-3.2%).
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