Story perspectives
European Stocks Soar 16% Amid Metal and Defense Boom
12/30/2025
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Story summary
- European stocks surged in 2025, as metals prices rose and defense spending expanded.
- The Stoxx 600 index rose 16% that year, reflecting broad gains.
- Banks led the rally with a 65% gain, driving market strength.
- Novo Nordisk fell 48% amid competitive pressures.
- Abivax rose 1,700% after positive trial results, with Banco Santander and Babcock International among the winners.
