The non-farm payrolls got here in a bit softer than the whisper numbers, giving the “dangerous information is nice information” crowd a purpose to cheer. For the ECB, it does not change a lot, however for fairness bulls, it was the inexperienced mild they wanted to maintain the momentum going.
Right here’s the closing scoreboard for the week ending January 9, 2026:
The STOXX 600 rose 2.23% on the week, a strong efficiency that speaks to bettering breadth throughout sectors. Cyclicals quietly outperformed defensives, suggesting buyers are leaning into progress with out totally abandoning warning.
Germany’s DAX led the foremost benchmarks with a 2.86% weekly achieve, persevering with to profit from easing vitality considerations and resilience in industrial exporters. The transfer additionally displays rising confidence that Europe’s manufacturing downturn could also be stabilizing somewhat than accelerating.
France’s CAC 40 added 1.89%, helped by energy in luxurious and industrial names, whereas the FTSE 100 climbed 1.82%, outperforming international friends as vitality and financials supplied ballast.
Southern Europe lagged barely after an ideal yr in 2025 however nonetheless completed larger. Italy’s FTSE MIB gained 0.75%, and Spain’s IBEX 35 rose 0.92%, with banks consolidating after sturdy year-to-date runs.
That is a strong first actual buying and selling week. There is not an excessive amount of intrigue on the ECB entrance as they’ve moved to the sidelines. In politics, they have been hammering out a MERCOSUR (South America) buying and selling deal and that appears prefer it’s heading in direction of completion. The hopes for a Russia-Ukraine peace deal look like slipping however peace offers usually come out of the blue so we are going to see what occurs subsequent. Russia used a hyper-sonic missile on Friday.
| Index Identify | Each day Change (%Ch) | Weekly Change (WTD%) |
| FTSE 100 INDEX/d | +0.87% | +1.82% |
| STXE 600 PR/d | +0.93% | +2.23% |
| XETRA DAX PF/d | +0.45% | +2.86% |
| CAC 40 INDEX/d | +1.29% | +1.89% |
| FTSE MIB/d | +0.11% | +0.75% |
| IBEX 35 INDEX/d | -0.01% | +0.92% |

























