Live Markets: More of the same

Oersted A/S

13/01/2026 09:19

STOXX 600 up 0.1%

Banks lead, contruction lags

Eyes on US CPI

Wall Street futures down slightly

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MORE OF THE SAME

Major European stock indexes are again trading mixed in the first hour or so of trading, with gains in technology .SX8P and banking .SX7P stocks offset by falling construction .SXOP shares.

The pan-European STOXX .STOXX 600 is up about 0.1% on the day, although breadth is marginally negative with declining shares outnumbering advancing stocks by a margin of about 1.3 to 1.

The FTSE .FTSE and DAX .GDAXI are also little changed, while the CAC 40 .FCHI in France is down almost 0.2%.

The ongoing French fiscal saga could well rear its head again on Tuesday as the National Assembly resumes budget discussions. An agreement to pass a budget still looks unlikely, meaning constitutional powers may be used to roll over last year's budget.

In corporate news, shares in Orsted ORSTED.CO are trading near the top of the STOXX 600 after a U.S. court reversed Trump's block on an offshore wind project.

Meanwhile, Sika SIKA.S shares are at the bottom of the benchmark index after reporting a drop in full-year sales.

Here's your opening snapshot:

(Samuel Indyk)

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EARLIER ON LIVE MARKETS:

EUROPE BEFORE THE BELL: FUTURES HIGHER, EYES ON CPI CLICK HERE

YEN'S PAIN IS NIKKEI'S GAIN AS RECORDS TUMBLE
CLICK HERE

European stock indexes mixed https://www.reuters.com/graphics/GLOBAL-STOCKS/zjvqdgqobpx/chart.png