From Morningstar: 2025-05-15 05:23:00

European indexes are on the rise thanks to improving US-China relations, with technology, energy, and luxury sectors seeing gains. The Morningstar Europe Index has surged nearly 10% in euros from April 14 to May 15. ASML and Infineon stocks have rebounded in the tech sector, while luxury stocks like Burberry and LVMH are also on the rise.

Technology shares have rallied globally, boosting European stocks like ASML and Infineon. ASML shares are up 10% in the last five days but down 18% in 2025. Infineon shares have risen 12% in the past five days and are currently below Morningstar’s fair value estimate.

Luxury stocks are bouncing back with Burberry and LVMH seeing share price increases. Burberry’s stock surged 16% on May 14 despite disappointing annual results. LVMH shares rose 7.60% in the last five days, with analyst Jelena Sokolova bullish on the company’s long-term prospects.

European energy stocks are gaining momentum as oil prices rise. BP saw a 7.48% increase in share price over the past five days, while speculation of a takeover looms. Spanish oil company Repsol is also up around 7% in the last five days, despite a year-to-date decrease.



Read more at Morningstar: Which European Stocks Have Risen as Global Trade…