Live Markets: STOXX dips, recruiters weak after SThree warning

Adecco AG

16/09/2025 08:58

STOXX 600 down 0.25%

Recruiters weak, SThree warns on hiring activity

Tech, luxury, miners lead

Wall St futures inch up

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STOXX DIPS, RECRUITERS WEAK AFTER STHREE WARNING

Europe's STOXX 600 is down slightly on Tuesday as markets await the Fed's monetary policy announcement on Wednesday and the BoE's a day later.

The Fed is expected to lower borrowing costs for the first time in almost a year, which has helped push U.S. equities to a record this week.

The pan-European STOXX 600 .STOXX is down about 0.2% on Tuesday and just 1.7% from its all-time peak from March.

Recruiters are notably weak after Britain's SThree STEMS.L issued a profit warning as it predicted subdued hiring activity into fiscal year 2026.

The company's shares are down 23% to their lowest since 2009, while other European recruiters including Hays HAYS.L, Randstad RAND.AS and Adecco ADEN.S are lower by 2.6%-5%.

Here's your opening snapshot:

(Samuel Indyk)

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