StocksMedium•12 November 2026•
1 min read
European Stocks Hit Record Highs as Siemens Lifts Outlook and Oil Prices Ease
Key Facts
1The STOXX 600 index rose 0.3% to reach a record high of 665.38 points.
2Siemens shares gained 3.8% after the company raised its growth outlook.
3Oil prices slipped below $100 a barrel, supporting market sentiment.
The STOXX 600 index rose 0.3% to reach a record high of 665.38 points. The Economic Times reported that the climb was supported by robust corporate earnings and oil prices slipping below $100 a barrel, which bolstered market sentiment across European equities.
Siemens shares gained 3.8% after the industrial technology group raised its growth outlook, while the SIEGY ticker closed at $154.46 on November 11, 2026. Additionally, Merck advanced 1.6% following an upward revision to its 2026 profit guidance, with MRK closing at $147.19 on November 11, 2026.