Franklin FTSE United Kingdom ETF

FLGB

Market cap $932M

FOX Business White House correspondent Edward Lawrence reports the details of President Donald Trump's pharmaceutical deal with the U.K. on 'Varney & Co.'

European equities eked out a modest gain on Thursday, with the pan-European Stoxx 600 reversing early losses to finish 0.12% higher as investors assessed a shifting global economic landscape, incoming corporate news, and rising expectations of US monetary easing. Germany's DAX led the region's major indices, advancing 0.22% to end the day at 23,777.

The plan presented by the chancellor of the Exchequer, Rachel Reeves, called for spending increases and higher taxes on the wealthy and the middle class.

Finance minister Rachel Reeves said the leak by the government spending watchdog was "deeply disappointing" and a "serious error."

European Union governments and the European Parliament have reached agreement on harmonising the 27-nation bloc's insolvency laws to make it easier to invest across the EU and create a more liquid EU capital market, the EU Council said in a statement.

UK October CPI inflation slowed to 3.6% YoY, signaling a peak and supporting expectations for continued disinflation into 2026. Housing & household services, especially energy, drove the deceleration, while food prices rose more than expected, warranting close monitoring.

U.S. bond markets were shut for Veterans Day. Meanwhile, eurozone government bond yields edged up on growing optimism the U.S. government shutdown is soon ending.

European stocks are expected to maintain their positive momentum as an end to the U.S. government shutdown is in sight.

"We continue to stay in a good place." ECB governing council member Martin Kocher tells Lizzy Burden there's "no pre-commitment" on any rate path

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.