European stocks climb as Latin American markets slip on July 24

On July 24 2026 European equity markets finished higher. The FTSE 100 rose 0.91%, the German DAX gained 1.33%–1.36%, France’s CAC 40 added 0.88%–0.89% and Italy’s FTSE MIB rose about 0.9%. Gains were driven by technology stocks, notably SAP, which jumped near 10% after reporting a stronger‑than‑expected cloud‑services backlog. A fall in Brent crude below US$100 a barrel also supported the rally, while the European Central Bank kept rates unchanged and the euro‑zone PMI climbed to 51.9, indicating renewed expansion.

In contrast, Latin American markets fell. Mexico’s Bolsa Mexicana de Valores slipped 1.54%, its steepest decline since early June, as tech‑heavy stocks dragged lower and the peso weakened to 17.53 per dollar. Brazil’s Ibovespa dropped about 1.5% amid thin foreign flow, losses in commodity‑linked stocks and banks, and heightened geopolitical tension over U.S.–Iran talks that spiked oil‑price volatility. U.S. indices were mixed, with the Dow Jones up modestly, the S&P 500 flat and the Nasdaq down, while U.S. Treasury yields fell alongside oil prices.

The divergent moves reflect regional sensitivities to technology‑sector earnings, oil‑price dynamics and geopolitical risks, influencing investor sentiment across the major markets.