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European Stocks Close Mostly Higher in Tuesday Trading; Bank, Oil Stocks Rise as Mining, Auto Stocks Drop

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Last updated: 11/10/2026 11:49:27

11:49 AM EST, 11/10/2026 (MT Newswires) -- The European stock markets closed mostly higher in Tuesday trading as crude oil prices continued to decline on hopes of Middle East peace talks, while investors parsed corporate earnings.

The Stoxx Europe gained 0.4%, Germany's DAX increased 0.5%, France's CAC advanced 0.7%, the Swiss Market Index rose 0.6%, while the FTSE 100 edged 0.1% lower.

Bank and oil and gas stocks rose on the European bourses, while mining and automotive stocks closed lower.

In corporate news, Vodafone reported fiscal H1 adjusted earnings Tuesday of 0.015 euros ($0.02) per share, down from 0.07 euros a year earlier.

Revenue for the six months ended Sept. 30 was 21.85 billion euros, up from 19.61 billion euros a year earlier.

A single analyst polled by FactSet expected 21.79 billion euros.

Shares of the British telecommunications operator dropped 1% in London.

AstraZeneca has acquired Omniose, the preclinical biotechnology company said Tuesday.

Omniose has become a subsidiary of AstraZeneca and part of the Infectious Disease Unit, the company said. The acquisition brings Omniose's proprietary bioconjugation platform into AstraZeneca, according to a statement.

Shares of the British pharmaceutical company declined 0.9% in London.

Stellantis has sold its Brampton Assembly Plant and associated equipment to Roshel, a Canadian-based defense technology company, under an asset purchase agreement, the company said Monday.

Financial terms were not disclosed.

The two companies are also setting up a cooperation framework to consider future collaborations on vehicle technologies and other services in the defense sector, Stellantis said. The sale is meant as part of the company's plan to achieve 80% North American capacity utilization in 2030, the company said.

The deal is expected to close by the end of 2026.

Shares of the automaker fell 3.3% in Paris.

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