European stock markets closed firmly higher on Friday, 24 July, recovering from the previous session’s decline as technology and financial shares attracted renewed buying.
The pan-European Stoxx 600 rose 0.82% to close at 644.51, leaving the index slightly higher for the week.
Germany’s DAX gained 1.36% to finish at 25,099.00. Technology shares supported the advance after stronger corporate results revived confidence in parts of the sector.
France’s CAC 40 climbed 0.88% to 8,372.28, while London’s FTSE 100 rose 0.91% to 10,736.23. Banking and financial shares contributed to the British market’s performance.
Markets in Spain and Italy also advanced, supported by gains among banks and other domestically focused companies.
Oil retreat offers relief
European sentiment improved as oil prices retreated from levels above $100 a barrel. The decline eased some immediate concerns that higher energy costs could intensify inflation and place additional pressure on economic activity.
Nevertheless, investors remained alert to tensions in the Middle East, new American tariffs and the possibility that European interest rates may remain elevated.
Friday’s rebound allowed European markets to end a volatile week on a more positive note, although uncertainty surrounding trade, inflation and global technology valuations remains.
Newshub Editorial in Europe – 25 July 2026
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