European Market Slump Analysis: November 17-18, 2025

On November 17-18, 2025, European markets experienced a downturn amid a global sell-off, with investors awaiting U.S. economic data releases following the recent federal government reopening [Event Content]. Key drivers included reassessment of interest rate cut outlooks and concerns over lofty valuations of AI-related stocks [2][3][6][7]. The FTSE 100 saw sector-specific losses in mining (-0.9%) and banking (-0.8%) on November 17, while individual stocks like HICL Infrastructure (-7.3%) and Genuit (-13.2%) underperformed due to merger news and profit warnings respectively [1].

• November 17 Closing
  : DAX 40 (-1.26%), CAC 40 (-0.45%), FTSE 100 (-0.24%) [0]
• November 18 Intraday (as of 10:12 UTC)
  : FTSE 100 extended losses (-0.85% from open), while DAX 40 showed partial recovery (+0.44% intraday) but remained below November 17 levels [0]
• Sector Performance
  : Mining and banking sectors led losses in the UK, with tech stocks facing pressure across Europe [1][3][7]

• Rate Cut Reassessment
  : Investors revised expectations for U.S. Federal Reserve rate cuts, contributing to risk-off sentiment [2][3]
• AI Valuation Concerns
  : Lofty valuations of AI-related stocks triggered profit-taking and broader tech sector weakness [6][7]

• Cautious
  : Market participants awaited U.S. economic data (factory orders, industrial production) to gauge macroeconomic direction [4][5]
• Uncertainty
  : Post-government shutdown data delays created additional volatility [4]

• Index Performance
  :
  • CAC 40: Nov17 (8119.02, -0.45%), Nov18 intraday (8017.89, 0% change from open) [0]
  • DAX 40: Nov17 (23590.52, -1.26%), Nov18 intraday (23341.16, +0.44% intraday) [0]
  • FTSE 100: Nov17 (9675.43, -0.24%), Nov18 intraday (9592.75, -0.85% intraday) [0]
• Company-Specific Moves
  :
  • Genuit: -13.2% (profit warning) [1]
  • HICL Infrastructure: -7.3% (merger announcement) [1]

• Indices
  : CAC 40, DAX 40, FTSE 100 [0]
• Sectors
  : Mining, banking (UK), technology (global) [1][3][7]
• Companies
  : Genuit, HICL Infrastructure [1]

• Full November 18 closing data for European indices
• Exact release times of U.S. economic indicators (factory orders, industrial production) [5]
• Detailed sector performance breakdown for November 18

• Macroeconomic
  : Shifting Fed rate expectations vs. post-shutdown data uncertainty [2][4]
• Corporate
  : AI valuation concerns vs. company-specific news (mergers, profit warnings) [1][6]

• Tech Sector Risk
  : Users should be aware that overvaluation of AI-related stocks may continue to impact European markets [6][7]
• Rate Hike Risk
  : This development raises concerns about potential interest rate hikes that warrant careful consideration [2][3]
• Data Uncertainty
  : Post-shutdown data delays could lead to increased volatility in the coming weeks [4]

• U.S. factory orders and industrial production data releases [5]
• Federal Reserve commentary on interest rates [2][3]
• Nvidia earnings report (AI sector sentiment indicator) [1][7]
• Full November 18 closing figures for European indices [0]

[0] Ginlix Analytical Database (Internal Market Data Tool)
[1] Tickmill Blog, “FTSE 100 FINISH LINE 17/11/25” (https://www.tickmill.com/blog/ftse-100-finish-line-171125)
[2] Euronews, “Major sell-off on global markets: What has been driving the significant decline?” (https://www.euronews.com/business/2025/11/14/major-sell-off-on-global-markets-what-has-been-driving-the-significant-decline)
[3] Reuters, “Wall Street digests global selloff over AI worries and US rate cut …” (https://www.reuters.com/world/us/live-global-stock-selloff-deepens-amid-tech-worries-us-rate-cut-doubts-2025-11-14/)
[4] CNN, “The government is back open. Here’s what that means for economic …” (https://www.cnn.com/2025/11/14/economy/federal-data-what-to-expect-economic-data)
[5] Investing.com, “Factory orders, industrial production highlight Tuesday’s economic …” (https://www.investing.com/news/stock-market-news/factory-orders-industrial-production-highlight-tuesdays-economic-data-93CH-4363277)
[6] The Guardian, “Stock market sell-off continues, as Google boss warns 'no company …” (https://www.theguardian.com/business/live/2025/nov/18/stock-market-sell-off-ai-bubble-google-nvidia-ftse-100-bitcoin-business-live-news)
[7] ABC News, “Why are stocks falling and what should investors do? Experts explain” (https://abcnews.go.com/Business/stocks-falling-investors-experts-explain/story?id=127589011)

: This analysis provides market context and is not investment advice. All data is as of November 18, 2025, 10:12 UTC, and may change as markets close.