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The pan-European STOXX 600 index rose 0.2% to 632.42 points by 0720 GMT, with most major regional benchmarks trading flat to higher, as per the report. The index had posted its biggest weekly decline in a month last week as rising bond yields heightened concerns over inflation and deteriorating fiscal positions. Also Read | Global Market: Japan’s Nikkei jumps 2.5% to 3-month high as AI stocks rally France's CAC 40 was among the weakest major European benchmarks, falling 0.8%, while the euro slipped to a 17-month low. The report stated that investors were increasingly concerned about France's debt burden and political gridlock ahead of next year's presidential election. Shares of Schneider Electric fell 7.2% after the French engineering company announced its $22.6 billion acquisition of U.S. software company PTC, its largest deal to date. The decline in Schneider shares added to pressure on the French benchmark, Reuters said. Spanish stocks were largely steady after Prime Minister Pedro Sanchez called a snap election for November 29, adding another source of political uncertainty for investors. Mining stocks rose 0.5% as precious-metal prices advanced. According to Reuters, softer-than-expected U.S. jobs data reinforced expectations that the Federal Reserve will leave interest rates unchanged this month. Also Read | US Market: Record equity exposure leaves systematic funds exposed to pullback Investors were also assessing the impact of elevated borrowing costs, rising government bond yields and persistent inflation risks on European equities. The report stated that the combination of fiscal concerns and uncertainty over the global interest-rate outlook has increased pressure on markets. European stocks began the week cautiously, with investors weighing bargain-hunting after last week's losses against concerns over inflation, government finances and political uncertainty across the region. (Disclaimer: This article is based on inputs from agencies. These do not represent the views of The Economic Times) (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
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