Precise Investors Editorial Team
The pan European Stoxx 600 ended down 1.37%, the U.K.’s FTSE 100 settled lower by 1.45%, Germany’s DAX closed 1.78% down, France’s CAC 40 shed 1.49% and Switzerland’s SMI drifted down 1.57%
European stocks tumbled on Thursday as concerns about the potential impact of the ongoing Middle East War on global economic growth, and fears of elevated inflation levels rendered the mood bearish.
Travel-related stocks had a tough time due to airspace closures in the Middle East forcing carriers to cancel tens of thousands of flights over the past one week.
The pan European Stoxx 600 ended down 1.37%. The U.K.’s FTSE 100 settled lower by 1.45%, Germany’s DAX closed 1.78% down, and France’s CAC 40 shed 1.49%. Switzerland’s SMI drifted down 1.57%.
Among other markets in Europe, Austria, Belgium, Finland, Ireland, Netherlands, Norway, Poland, Spain and Sweden ended weak.
Czech Republic, Denmark, Greece and Iceland closed higher, while Portugal and Russia ended flat.
In economic news, data from S&P Global showed the HCOB Germany Construction PMI dropped to 43.7 in February 2026 from 44.7 in January, signalling a further contraction at the start of the year.
Construction PMI In the Euro Area rose to 46 points in February from 45.30 points in January of 2026, data from S&P Global showed.
Data from the statistical office INSEE showed France’s industrial production bounced back in January driven by the robust recovery in transport equipment output.
Industrial production rose 0.5% on a monthly basis, offsetting December’s 0.5% decline. Output was expected to rise 0.4%.
Similarly, manufacturing output rose 0.6% month-on-month, reversing a 0.7% decline in December.
Data from Eurostat showed Eurozone retail sales dropped 0.1% month-on-month in January 2026, following an upwardly revised 0.2% gain in December 2025 and missing market expectations of a 0.3% rise.
On an annual basis, Eurozone retail growth accelerated to 2.0% in January from 1.8% in December, surpassing the market consensus of a 1.7% rise.
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