Europe close: Stocks little changed after four days of gains

13th Nov 2026 14:50

(Sharecast News) - European stocks were little changed at the close on Friday following four days of gains, as investors continued to mull the fallout from the departure of Nvidia boss Jensen Huang, and after Microsoft was hit by a global outage.

The benchmark Stoxx 600 index closed steady at 664.14, Germany's DAX fell 0.1% to 26,749.95 and France's CAC 40 edged up 0.1% at 8,368.91.

Microsoft stole the spotlight from Nvidia on Friday following a global outage that began around 1800 GMT on Thursday. The US tech giant said on Friday that it was seeing "signs of sustained recovery throughout the affected environment, and while our investigation into the underlying root cause is ongoing, we're continuing to monitor the impacted services to verify service health levels remain stable".

The issue affected Outlook.com, OneDrive, OneNote, Microsoft To Do, Teams, and Microsoft 365 for the web.

There was no immediate explanation for the outage. However, Microsoft's executive vice president of Copilot, agents and platform, Charles Lamanna, posted overnight on X that there was "no indication this is the result of a malicious or cyber activity".

Nevertheless, Nvidia remained in focus following reports of a third affair by founder Jensen Huang, who resigned as chief executive on Thursday. The company was initially rocked last weekend by revelations that Huang had had an affair with Alice Huang, a Megaspeed employee suspected of being a Chinese spy.

It later emerged that Huang had also had an affair with an Nvidia employee, and by Friday, it was reported that he had had extramarital relations with a second employee at the tech company.

In equity markets, shares in luxury goods maker Richemont slumped despite the Cartier owner reporting a faster-than expected quarterly sales increase, helped by continued demand for its jewellery and surging growth in Japan and the US.

Financial fintech Wise surged on the back of half-year results.