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Dubai Rises 0.3% to End 3-Session Loss Streak, Abu Dhabi Between Two Readings•State Street Lowers Probability of Gold Reaching $5,500 to 60%•UAE Banks and Insurance Companies Face October 11 Deadline for Remuneration Rules•European Commission Updates Dual-Use Export Control List•SpaceX Returns Ship 40 to Texas and Cryogenically Tests Ship 42•SpaceX Buys Grain's Spectrum for $8 Billion for Direct-to-Cell Service•Dubai Rises 0.3% to End 3-Session Loss Streak, Abu Dhabi Between Two Readings•State Street Lowers Probability of Gold Reaching $5,500 to 60%•UAE Banks and Insurance Companies Face October 11 Deadline for Remuneration Rules•European Commission Updates Dual-Use Export Control List•SpaceX Returns Ship 40 to Texas and Cryogenically Tests Ship 42•SpaceX Buys Grain's Spectrum for $8 Billion for Direct-to-Cell Service•

European Stocks Hit Record Highs as Euro Stoxx 50 Crosses 6,560 Points with 13% Gains

The Euro Stoxx 50 reached an all-time high above 6,560 points, gaining 13% year-to-date, supported by resilient earnings, defense spending, and a shift in global capital flows away from US assets.

August 15, 2026
European Stocks Hit Record Highs as Euro Stoxx 50 Crosses 6,560 Points with 13% Gains

The Euro Stoxx 50 index reached an all-time high above 6,560 points on August 11, supported by resilient earnings, defense and industrial spending, as well as a shift in global capital flows away from US concentration, with non-US funds capturing 34% of ETF flows compared to holding just 20% of assets.

The index ended Friday's session up 0.20% at 6,547 points, while the German DAX fell 0.15%, the French CAC slipped 0.28%, and the British FTSE declined 0.56% in a mixed session impacted by a US retail sales shock and rising valuations following the record rally.

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