12:08 PM EDT, 07/07/2025 (MT Newswires) -- European stock markets closed mixed in Monday trading as the Stoxx Europe 600 was up 0.44%, Germany's DAX advanced 1.2%, the FTSE 100 was down 0.19%, France's CAC 40 gained 0.35%, and the Swiss Market Index declined 0.15%.
The European Union is working on the framework of a trade deal with the US, an EU spokesperson said after EU President Ursula von der Leyen held a call with President Donald Trump on Sunday, Bloomberg reported.
UK home prices were flat in June, compared with the previous month, with the average house price at 296,665 pounds ($404,509), 2.5% higher compared with a year earlier, according to the Halifax House Price Index.
"The market's resilience continues to stand out and, after a brief slowdown following the spring stamp duty changes, mortgage approvals and property transactions have both picked up, with more buyers returning to the market," Halifax Head of Mortgages Amanda Bryden said in a statement.
In Germany, price-adjusted manufacturing sector production increased 1.2% in May compared with April 2025, according to the Federal Statistical Office. Compared with a year earlier, production in the manufacturing sector rose by 1.2%
And in corporate news, Alphabet's Google is facing an EU antitrust compliant from a group of independent publishers who claim the search engine's AI Overviews feature is causing a significant loss in their traffic and readership, Reuters reported on Friday, citing a document.
Apple has filed an appeal against a 500 million euro ($586.3 million) fine imposed by the European Commission for allegedly violating the EU's Digital Markets Act, according to media reports and a company statement Monday.
"We filed our appeal because we believe the European Commission's decision -- and their unprecedented fine -- go far beyond what the law requires," an Apple spokesperson told MT Newswires.
Stellantis' vehicle production in Italy fell by 27% in H1, Italian union FIM-CISL said on Monday, adding that all car plants were posting "negative" production figures. Stellantis did not immediately respond to MT Newswires' request for comment.
Shares of the European automaker closed 2% lower on the on the Parisian bourse.
UK-based oil and gas company Shell said Monday it has tightened its Q2 production outlook for integrated gas and LNG businesses, warning that trading and optimization is expected to be "significantly lower" than Q1.
The company said LNG production is now expected to be between 6.4 million and 6.8 million tons, and integrated gas output is expected to be 900,000 to 940,000 barrels of oil equivalent per day.
Shares of Shell dropped nearly 3% on the FTSE 100.
Capgemini said Monday that it has agreed to acquire IT firm WNS for $3.3 billion in cash. The company said the deal is expected to close by the end of the year. Capgemini also said it has secured 4.0 billion euros ($4.7 billion) in bridge financing to cover the purchase price, as well as $400 million in gross debt and an 800 million euro bond redemption that took place in June.
Shares of the French consulting firm fell 5.6% in Paris.
http://www.mtnewswires.com
Copyright © 2025 MT Newswires. All rights reserved. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.