Live Markets: STOXX 600 in the lap of luxury
20/02/2026 08:53
Adds new blog entry STOXX 600 up 0.3% Moncler rises 10%, helps luxury sector Retail, energy lag US futures higher 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 STOXX 600 IN THE LAP OF LUXURY Luxury stocks .STXLUXP are leading European shares higher on Friday after upbeat sales figures from Moncler MONC.MI have given the sector a pick-me-up. The Italian high-end fashion brand reported expectation-beating sales figures in the fourth-quarter, with notable strong performance in the U.S. and Asia. Shares are up over 10%. That has given a boost to other luxury names, with LVMH LVMH.PA, Dior DIOR.PA, Burberry BRBY.L and Hermes HRMS.PA all up over 2%. More broadly, the STOXX 600 .STOXX is up 0.3%. Breadth is marginally positive, as advancing stocks outnumber falling stocks by about 1.4 to 1. The luxury-heavy CAC 40 .FCHI is up 0.7%, the FTSE .FTSE is up 0.3% and the DAX .GDAXI is flat. Here's your opening snapshot: (Samuel Indyk) ***** EARLIER ON LIVE MARKETS: EUROPE BEFORE THE BELL: FUTURES HIGHER, MARKETS SET FOR POSITIVE WEEK CLICK HERE TRUMP THREATENS IRAN WITH FORCE CLICK HERE US air bases with increasing military buildup https://www.reuters.com/graphics/IRAN-CRISIS/MILITARY-BUILDUP/zgpolwmjnvd/chart.png European stocks rise, set for positive week https://www.reuters.com/graphics/GLOBAL-STOCKS/gkvlkmxbbpb/chart.png