Driven by US and Asian stock market trends, most major European indices declined, but the defense sector continued to rise. The UK FTSE 100 Index fell 0.4%, mining stocks fell as commodity prices weakened, retailer Tesco fell 5.4%, and Primark's parent company, British Union Foods, plummeted 10%. The Madrid IBEX35 index fell 0.2%, while the French CAC40 index fell 0.1% due to lower luxury goods stocks. The defense sector has become a bright spot in mainland Europe. Earlier, President Trump called for US defense spending to reach 1.5 trillion US dollars. BAE Systems and Leonardo led the sector with gains of 5.8% and 4.4%, respectively. Following a record closing record high on the previous trading day, the German DAX index continued to rebound, with a slight increase of 0.25%, driven by defense stocks. Thanks to a boost from defense stocks, Italy's FTSE MIB index remained flat despite weakening bank stocks.

Driven by US and Asian stock market trends, most major European indices declined, but the defense sector continued to rise. The UK FTSE 100 Index fell 0.4%, mining stocks fell as commodity prices weakened, retailer Tesco fell 5.4%, and Primark's parent company, British Union Foods, plummeted 10%. The Madrid IBEX35 index fell 0.2%, while the French CAC40 index fell 0.1% due to lower luxury goods stocks. The defense sector has become a bright spot in mainland Europe. Earlier, President Trump called for US defense spending to reach 1.5 trillion US dollars. BAE Systems and Leonardo led the sector with gains of 5.8% and 4.4%, respectively. Following a record closing record high on the previous trading day, the German DAX index continued to rebound, with a slight increase of 0.25%, driven by defense stocks. Thanks to a boost from defense stocks, Italy's FTSE MIB index remained flat despite weakening bank stocks.