European Indexes Open Mostly Lower as Healthcare Stocks Slide
A facts-only brief, written by a local AI model from this article in The Wall Street Journal, November 2, 2026. It may contain mistakes, and it is not the article: the full story is at wsj.com.
European and Japanese equity markets opened lower on Monday, with the Stoxx 600 index declining 0.3% and the Nikkei Stock Average falling 0.9% to 62,714.43. In Europe, healthcare and luxury sectors led the losses, while energy majors dropped following a nearly 3% decline in global oil prices attributed to renewed diplomatic efforts between the United States and Iran. Japanese bank and technology shares also suffered, with SoftBank Group and Sumitomo Mitsui Financial Group both falling more than 3%.
Background
- Brent crude futures for January delivery dropped 2.85% to $110.23 per barrel, while U.S. West Texas Intermediate futures for December delivery fell 3.3% to $100.72.
- Specific European decliners included AstraZeneca, which lost 1.2%, and Kering, which fell 1.9%, while Italian and Spanish banking stocks provided a slight positive offset to their respective national indexes.
- The dollar traded at 157.74 yen, up from 157.56 at the previous day’s close in Tokyo.
- Investors in Japan were monitoring upcoming earnings releases from Japan Airlines and Sumitomo Corp.
Read the full article at wsj.com
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