Live Markets: Half-time in Europe: stuck in the red

Antofagasta

08/09/2026 12:54

Adds blog post
Copper hits record high
STOXX 600 down 0.1%, paring losses
Yen heads for second daily gain
U.S. futures lower
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HALF-TIME IN EUROPE: STUCK IN THE RED
We're just about half-way through the European trading day, and the STOXX 600 .STOXX is still in the red - but only just. It has erased most of its earlier decline, last trading 0.1% lower. 
The CAC .FCHI is also just below the flatline, while the DAX .GDAXI is down 0.2%. The FTSE .FTSE is meanwhile inching higher as it tries to build some momentum, supported by mining stocks. 
Those are up 2.3% across Europe .SXPP at their highest since June, helped by surging metal prices. More on that in the copper post below. 
       Healthcare .SXDP names are at the bottom of the charts, falling 2%. The responsible party there is Novartis NOVN.S which is having one of its biggest daily falls on record - last down 9.5% on the day after a second unsuccessful drug trial.
Helping stabilise the big picture is traders briefly taking some hope from a Qatar foreign ministry spokesperson saying that Qatar is working with partners in the region and around the world, including China, to resume talks between the United States and Iran.

(Sophie Kiderlin)
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EARLIER LIVE MARKETS POSTS: 
COPPER SHAKES UP METALS ORDER CLICK HERE
NEGATIVE DRIVERS PILE UP CLICK HERE
EUROPE BEFORE THE BELL: BACK TO BUSINESS CLICK HERE
SUMMER'S OFFICIALLY OVER. BUCKLE UP! CLICK HERE