economy
January 16, 2026
European stocks finish lower as Greenland remains in focus; gold and silver prices dip
The pan-European Stoxx 600 finished Friday's session 0.8% lower with most major bourses and sectors in mixed territory.
TL;DR
- European stocks (Stoxx 600) closed 0.1% lower on Friday.
- Semiconductor stocks, including ASML, extended gains.
- Equinor received clearance to resume work on its Empire Wind project.
- European troops arrived in Greenland ahead of talks concerning the territory's future.
- Crude oil prices rose amid volatility related to Iran and potential tariffs.
- Silver and gold futures saw declines as investors sought safer assets.
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