News

The Spanish IBEX 35 index fell 2.00% during the day.

The final reading of the UK Manufacturing PMI for September was 51.9, below the expected 52 and the previous reading of 52.

The final value of the UK manufacturing PMI in September will be announced in ten minutes.

Britain's FTSE 100 index fell by 2.00% on the day.

As bonds were sold off, the French 5-year credit default swap (CDS) rose to 71.6 basis points, the highest level since July 2013.

The Stoxx Europe 600 Banks index fell 2.6%, hitting its lowest level since July 24.

According to French broadcaster BFM TV, the French Prime Minister hopes to add €43 billion in austerity measures to the budget.

Constellation Energy rose 3.3% in pre-market trading after the company signed a 20-year power supply agreement with Amazon.

Alphabet (GOOGL.O) rose 2.6% in pre-market trading after releasing its flagship Gemini 4 model.

US memory stocks rose in pre-market trading. Micron Technology (MU.O) rose 0.6% in pre-market trading after reporting nearly four times the year-on-year increase in Q4 revenue and better-than-expected guidance for Q1 of the next fiscal year. SK Hynix (SKHY.O) rose 1.5%, SanDisk (SNDK.O) rose 1.7%, and Western Digital (WDC.O) rose 1.2%.

European stocks extended their losses, with Germany's DAX index touching 25,000 points, down 1.31% on the day; the UK's FTSE 100 index touching 10,500 points, down 1.81% on the day; the FCHI index down 1.00% on the day; Italy's FTSE MIB index down 1.3% on the day; and Spain's IBEX 35 index down 1.6%.

The final Eurozone Manufacturing PMI for September was 52.9, below the expected 52.7 and the previous reading of 52.7.

S&P Global: German manufacturing expectations improved to the second highest level in more than four and a half years in September.

Germany's final September manufacturing PMI was 53.9, below the expected 53.8 and the previous reading of 53.8.

ConocoPhillips (COP.N): The company will retain its Norwegian operations and Teesside assets if it does not receive an offer that meets its valuation expectations.

ConocoPhillips (COP.N): After receiving an unsolicited takeover offer, it is evaluating the possibility of selling its Norwegian operations and Teesside assets.

France's final September manufacturing PMI was 50.6, below the expected 50.3 and the previous reading of 50.3.

The final reading of Germany's September manufacturing PMI will be released in ten minutes.

Final September manufacturing PMI figures for France, Germany, and the Eurozone will be released in ten minutes; Bank of England Governor Bailey will speak in twenty minutes; and Singapore's fuel oil inventory data for the week ending September 30, and the UK's LME copper, aluminum, and nickel inventory changes for the week ending October 1 will be released in twenty minutes.

Japanese Prime Minister Sanae Takaichi: The government’s position on pursuing a strong economy and fiscal sustainability remains unchanged.