21 Oct 2025 | 3 Mins Read
European stocks rebound as US bank fears subside
Flipitmoney
The STOXX 600 index climbed 1.9% with industrial stocks, particularly defence companies, leading the gains as concerns over US bank stability eased and President Trump's comments reduced trade tensions. Defence stocks such as Rheinmetall, Hensoldt, and Renk rose 5.9%, 7.9%, and 6.8% respectively. Bank stocks also rose 1%.