• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Stock

Europe markets open: Stoxx 600 rises 0.4%, extending its record-setting rally

by October 3, 2025
by October 3, 2025

A powerful and defiant wave of optimism has once again swept across European markets, with stocks opening higher on Friday and the regional benchmark index building on a stunning run that has already seen it smash through to a new all-time high.

This relentless, tech-fueled rally is now in its fifth consecutive day, a powerful show of force from a market that is boldly shrugging off the political chaos of a US government shutdown and a world of simmering geopolitical risks.

The buying has been broad-based and decisive. The pan-European Stoxx 600 climbed another 0.4 percent in early London trading, a move that has put it on course for a weekly gain of over 2 percent.

Major bourses across the continent are all in the green, with London’s FTSE 100, which also hit its own record high this week, adding another 0.3 percent.

The OpenAI effect: an AI boom lifts all boats

The engine of this powerful ascent is a revitalized and supercharged technology sector.

The entire global tech world is still buzzing from the news of an OpenAI share sale that valued the privately-owned AI behemoth at a staggering 500 billion dollars.

This monumental valuation has served as a powerful new catalyst, breathing fresh life into the AI trade and sending tech stocks soaring on both sides of the Atlantic.

The Stoxx Europe 600 Technology index is now on track for a spectacular weekly gain of 4.9 percent, a clear sign of the market’s deep conviction in the enduring power of the AI revolution.

A world of contrasts: a shutdown, a drone wall, and a bull market

This powerful rally is taking place against a complex and often contradictory global backdrop.

Investors are continuing to monitor the US government shutdown, now in its third day, with US Treasury Secretary Scott Bessent having warned on Thursday that the political impasse could directly hurt American economic growth.

At the same time, a new and tangible geopolitical tension is taking shape in Europe.

Regional leaders, who congregated in Copenhagen this week, are actively discussing the possibility of building a “drone wall” to deter Russian aircraft from violating the continent’s airspace.

This prospect of a new, high-tech iron curtain has sent defense stocks climbing, with the Italian aerospace firm Avio leading the sector with a 3.5 percent gain.

This strange mix of market euphoria and geopolitical anxiety was perfectly encapsulated on Friday, when Munich airport was briefly forced to close after drone sightings brought all flights to a halt.

It is a potent symbol of the new and unpredictable world that investors are now forced to navigate. For now, however, the bulls are firmly in control, and the rally is showing no signs of slowing down.

The post Europe markets open: Stoxx 600 rises 0.4%, extending its record-setting rally appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
Bitcoin ETFs see over $600M in inflows as BTC price nears $120K
next post
Cyberattack halts Asahi production, disrupts Japan’s beer supply

Related Posts

Disney warns YouTube TV subscribers of potential blackout...

October 24, 2025

Top catalysts for the CAC 40 index next...

October 24, 2025

European stocks open higher, buoyed by a wave...

October 24, 2025

NatWest share price forecast as its earnings jump:...

October 24, 2025

Piyush Pandey dies at 70: The ‘Fevicol’ &...

October 24, 2025

Investors brace for Argentina’s midterm vote as Milei’s...

October 24, 2025

Reliance ramps up oil imports as US sanctions...

October 24, 2025

UK retail sales unexpectedly rise 0.5% in September,...

October 24, 2025

Reddit sues AI search engine Perplexity over data...

October 23, 2025

Europe markets open: Stoxx up 0.3% as Kering’s...

October 23, 2025

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

Recent Posts

  • AIER’s Everyday Price Index Inches Up Again in Sept 2025

    October 24, 2025
  • Argentina’s Midterm Moment: Brave Reform, or Back to Perónism?

    October 24, 2025
  • Imagine That Growth: Lessons from a Tariff-Free Timeline

    October 24, 2025
  • Disney warns YouTube TV subscribers of potential blackout as carriage talks stall

    October 24, 2025
  • Top catalysts for the CAC 40 index next week

    October 24, 2025
  • European stocks open higher, buoyed by a wave of strong corporate earnings

    October 24, 2025

Editors’ Picks

  • 1

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 2

    Pop Mart reports 188% profit surge, plans aggressive global expansion

    March 26, 2025
  • 3

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 4

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 5

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025
  • 6

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 7

    Nvidia’s investment in SoundHound wasn’t all that significant after all

    March 1, 2025

Categories

  • Economy (2,990)
  • Editor's Pick (295)
  • Investing (185)
  • Stock (2,042)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

Asian markets close: Sensex up 769 pts;...

May 23, 2025

Why are Bitcoin treasury stocks crashing in...

September 28, 2025

Spotify stock may offer buying opportunity after...

April 29, 2025