European Stocks Fall as China Woes Hit Volvo Car, Gucci

Markets Contact us:Provide news feedback or report an error Confidential tip?Send a tip to our reporters Site feedback:Take our Survey By Rivaldo Jantjies October 23, 2026 at 7:34 AM UTC Updated on October 23, 2026 at 3:43 PM UTC European stocks fell for a second day as disappointing earnings, including from Kering SA ’s Gucci, added to concerns over the artificial intelligence trade and elevated oil prices. The Stoxx Europe 600 Index was 0.3% lower by the close. Industrials and luxury stocks were among the worst performers. Volvo Car AB shares sank as much as 32% after reporting a third-quarter loss. Energy stocks outperformed, gaining with Brent crude as attacks on Saudi Arabia intensified .