Live Markets: Miners' bounce helps London, tech and luxury slide
22/10/2025 08:56
STOXX 600 down 0.1% Gold prices rebound L'Oreal sales miss, chip stocks fall Nasdaq futures steady Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com MINERS' BOUNCE HELPS LONDON, TECH AND LUXURY SLIDE A rise in gold prices after Tuesday's slump from record levels helped precious metal miners bounce back on Wednesday, driving London's commodity-heavy FTSE 100 .FTSE up 0.6% in an otherwise softer European market. Top gainers on the UK's benchmark index were Fresnillo FRES.L and Endeavour Mining EDV.L, both up around 4% after slumping the day before, Also in the mix was a surprise $670 million share buyback from Barclays BARC.L, which drove its shares up more than 3%. A weak update from Texas Instruments TXN.O dragged European chip stocks such as STMicro STMPA.PA and Infineon IFXGn.DE lower. Luxury .STXLUXP was another weak spot following a sales miss at L'Oreal OREP.PA, while numbers from Birkin bag maker Hermes HRMS.PA failed to excite investors. The broader STOXX 600 .STOXX index was down 0.1%. (Danilo Masoni) ***** EARLIER ON LIVE MARKETS: BEFORE THE BELL: MIXED START, L'OREAL MISSES, BARCLAYS UPBEAT CLICK HERE INFLATION WILL WIPE AWAY UK'S RATE-CUT BETS CLICK HERE eu open https://tmsnrt.rs/43nTnhq