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European Markets Surge on Rate Cut Hopes, Puma Soars

11/27/2025

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Story summary
  • European markets rose on November 27, 2025 as the pan-European Stoxx 600 gained 0.1% after a negative start.
  • Investors are optimistic about potential U.S. Federal Reserve rate cuts, with an 84.9% chance of a quarter-point reduction in December.
  • Puma shares surged over 14% on reports of a bid from China's Anta Sports, while Rheinmetall and Saab also rose.
  • U.S. markets were closed for Thanksgiving, with trading resuming on Friday.