Overview

• The Stoxx 600 closed up 0.38% at 555.52, with Frankfurt and Paris higher and London’s FTSE 100 down 0.04%.
• The eurozone composite PMI rose to 51.2 in September, a 16‑month high that signals expanding activity.
• The UK composite PMI eased to 51.0 from 53.5 in August, contributing to the FTSE 100’s underperformance.
• Kingfisher surged about 14.5% after raising full‑year guidance, and Ørsted advanced after a U.S. court allowed it to resume a previously suspended project.
• Investors positioned for Fed Chair Jerome Powell’s speech following last week’s ‘risk‑management’ policy framing, and later U.S. stocks fell as his remarks offered little guidance.