Sources say six Ukrainian companies have been authorized to export drones to the United States.

European equities slipped as a tech-led rebound lost momentum. STOXX Europe 600 -0.3%. FTSE 100 -0.1%; consumer names weak. CAC 40 -0.1%; luxury stocks weighed, LVMH -1.1%. Airbus jumped 5.1%, lifting aerospace names and helping limit losses on the DAX, which was down 0.1%. AI-related names dragged the AEX -0.8%, with ASML -2.25%. Banco Santander fell 0.4% after results, narrowing earlier losses but leaving the IBEX 35 down 0.3%. FTSE MIB -0.2%.

Southbound Stock Connect flows were net buyers of 7.517 billion yuan today. On Shanghai–Hong Kong Stock Connect, Tracker Fund of Hong Kong and Huahong Hongli led net inflows of HKD 3.698 billion and HKD 722 million respectively; Alibaba was the largest net seller at HKD 1.374 billion. On Shenzhen–Hong Kong Stock Connect, Tracker Fund of Hong Kong and SMIC recorded net buys of HKD 2.484 billion and HKD 772 million; Tencent Holdings was the top net seller at HKD 3.401 billion.