European indexes mostly lower as investors read geopolitical developments

[Global Business Strategy on Digital Display]
Tom Werner

London (UKX [https://seekingalpha.com/symbol/UKX]) +0.61% to 9,484. UK's inflation remains steady at 3.8%. [https://seekingalpha.com/news/4506477-uks-inflation-remains-steady-at-38#source=url_first_level%3Amarket-news%7Csection%3Amarket-pulse%7Csection_asset%3Anews_title]Sterling extended losses toward $1.33, its weakest level in a week, after inflation data came in below market expectations, fueling speculation of early interest rate cuts by the Bank of England.

Germany (DAX:IND [https://seekingalpha.com/symbol/DAX:IND]) -0.16% to 24,291.

France (CAC:IND [https://seekingalpha.com/symbol/CAC:IND]) -0.59% to 8,210.

In other parts of Europe, the unemployment rate in Hungary rose to 4.5% in July-September 2025.

The pan-European Stoxx 600 [https://seekingalpha.com/symbol/STOXX] (STOXX) [https://seekingalpha.com/symbol/STOXX] turned 1.54% lower to 562.9, after the index closed near record highs in the previous session. A strong start to earnings outweighed lingering U.S. China trade uncertainty. The luxury sector led the declines, with Hermes (OTCPK:HESAY [https://seekingalpha.com/symbol/HESAY]) (OTCPK:HESAF [https://seekingalpha.com/symbol/HESAF]) dropped after its quarterly results disappointed investors, while L’Oreal (OTCPK:LRLCF [https://seekingalpha.com/symbol/LRLCF]) (OTCPK:LRLCY [https://seekingalpha.com/symbol/LRLCY]) plunged on weaker-than-expected third-quarter sales.

In the bond market, the yield on the US 10-year Treasury was flat at 3.96%.

Germany's 10-year yield was down less than 1 basis point to 2.55%.

UK's 10-year yield was down 7 basis points to 4.41%.

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