European Equity Markets Recover as Commodity Gains Offset Weak Corporate Results

Commodity-driven gains and safe-haven flows pushed the pan-European STOXX 600 higher on Thursday. This recovery comes despite weakness in German stocks.

Insights:
The pan-European STOXX 600 index rose 0.2% as of 0803 GMT on Thursday, 29 January 2026, marking a modest recovery after it declined 0.8% during the previous session. This rebound was primarily driven by a significant rally in commodity prices and safe-haven demand, which bolstered energy and mining stocks during an active week for corporate reporting.
German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, January 9, 2026. REUTERS/staff
German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, January 9, 2026. REUTERS/staff
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