Traders work on the floor of the New York Stock Exchange (NYSE) on November 7, 2025 in New York City.
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LONDON — European stock markets remained strong Tuesday as the end of the U.S. government shutdown appears in sight.
pan-european Stocks 600 The index closed with a preliminary 1.3% gain, with all major exchanges and sectors in positive territory.
british FTSE The index hit a new record high on Monday, rising 1.2% during trading hours, while Germany’s dachshund It increased by 0.6%.
Shares of Swiss companies rose as Switzerland appeared to be moving closer to a deal with the United States to lower tariffs. Switzerland’s luxury goods sector was initially profitable; Richemont 2% increase, while swatch group 6% are advanced; Givaudan It rose by 1.9%. Overall, Switzerland’s SMI rose about 2% by the close.
In financial news, vodafone Total revenue for the first half of fiscal 2026 was reported at 19.6 billion euros ($22.7 billion), an increase of 7.3% and 8.3%. The London-listed telecoms group said it would increase its dividend, at the high end of its 2026 financial year-end profit outlook, driven in part by growth in Germany, its biggest market.
on the other hand, lb The index reversed its losses against the dollar after UK wage growth unexpectedly slowed to 4.6% in the third quarter. The pound was last down 0.17% against the dollar at $1.315. Yields on British government bonds, known as gold, also fell across all maturities. 10 year benchmark It fell almost 8 basis points to 4.386%.
On Monday night, the U.S. Senate passed a bill that would fund the federal government through January and end the longest shutdown in U.S. history.
The bill passed 60-40 with the support of a few Democratic senators and almost all Republicans, and will now be sent to the House. If the bill passes the House, it will go to President Donald Trump for his signature.
— CNBC’s Dan Mangan and Kevin Breuninger contributed to this market report.
