City workers in the La Defense business district of Paris, France, on Thursday, Oct. 9, 2025.
Nathan Laine | Bloomberg | Getty Images
European stocks opened broadly flat on Tuesday as markets continue to struggle for direction in a holiday-shortened trading week.
The pan-European Stoxx 600 index was last less than 0.1% higher.
The U.K.’s FTSE traded 0.1% higher shortly after market open, France’s CAC 40 was down 0.1%, Italy’s FTSE MIB 0.2% higher, and Germany’s DAX was flat.
Mining stocks topped the blue-chip index with Fresnillo gaining 3.3%. Peer miners Anglo American, Antofagasta, and Glencore rose between 1.5% and 1.8%.
Gains came as gold and silver futures were on the rise Tuesday morning as well. Gold edged up 1% to last trade at $4,385.90 an ounce while silver jumped 5.2% to $74.155 an ounce. Silver was on a rollercoaster ride Monday, hitting a record in the early morning hours, before paring gains and logging its worst day since 2021.
Regional bourses closed mixed on Monday, with defense stocks struggling as talks continue to agree on a framework peace agreement to end the war in Ukraine.
Asia-Pacific markets mostly fell overnight after the tech sell-off on Wall Street continued on Monday amid AI bubble fears.
Nvidia shares dropped more than 1% Monday stateside, giving back some of its more than 5% gain in last week’s trading session. Palantir Technologies and Meta Platforms also suffered losses, as did Oracle.
U.S. stock futures were relatively unchanged overnight.
There are no major earnings or data releases in Europe on Tuesday.
— CNBC’s Lim Hui Jie and Sarah Min contributed to this market report.
