European stocks reach record high as energy gains offset tech losses

The STOXX 600 hit a record high today as energy gains offset tech losses. Strong U.S. jobs data boosted sentiment despite growing fears over AI disruption.

Insights:
The pan-European STOXX 600 index closed at a record high on February 11, 2026, as gains in energy and other commodity-related stocks successfully offset weakness in the technology and financial sectors. This record-setting performance was supported by a stronger-than-expected jobs report from the United States USUS and a rise in crude prices of more than 2%. The session was characterized by a broad sector rotation that altered leadership across European equity markets.
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, January 22, 2026. REUTERS/staff
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, January 22, 2026. REUTERS/staff
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