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European Equities Traded in the US as American Depositary Receipts Track Higher in Tuesday Trading

11:11 AM EDT, 10/06/2026 (MT Newswires) -- European equities traded in the US as American depositary receipts were tracking higher late Tuesday morning, rising 0.74% to 1,902.48 on the S&P Europe Select ADR Index. From continental Europe, the gainers were led by medical device maker EDAP TMS (FOCL) and telecommunications company Nokia (NOK), which rose 5.9% and 4.2% respectively. They were followed by software firm SAP (SAP) and biotech firm Evaxion (EVAX), which were up 2.5% and 0.4% respectively. The decliners from continental Europe were led by accommodations booking site trivago (TRVG) and biopharmaceutical company Cellectis (CLLS), which fell 5% and 2.8% respectively. They were followed by biopharmaceutical company DBV Technologies (DBVT) and pharmaceutical company Novo Nordisk (NVO), which were down 3.6% and 1.2% respectively. The gainers from the UK were led by biotech company Trinity Biotech (TRIB) and lender Lloyds Banking Group (LYG), which climbed 3.5% and 2.1% respectively. They were followed by communications company WPP (WPP) and alcoholic beverage company Diageo (DEO), which increased 1.4% and 1.3% respectively. The decliners from the UK and Ireland were led by biopharmaceutical company Bicycle Therapeutics (BCYC) and biotech firm Autolus Therapeutics (AUTL), which decreased 3% and 2.2% respectively. They were followed by biopharmaceutical company Akari Therapeutics (AKTX) and pharmaceutical company Silence Therapeutics (SLN), which lost 0.5% and 0.1% respectively.

42% premium, five years to break even with capital cost, Schneider Electric sets record with $23 billion acquisition of PTC, stock price plunges

Schneider Electric’s acquisition of industrial software company PTC marks the latest move by European industrial companies to accelerate their bets on AI. While the strategic rationale is acknowledged by analysts, the financial cost of the deal is heavy. PTC is expected to generate only about $1.5 billion in operating profit by 2031, and the anticipated cost savings to be realized three years from now will only contribute an additional $280 million.

Saputo Inc. Stock Falls Monday, Underperforms Market

This article was automatically generated by MarketWatch using technology from Automated Insights. Shares of Saputo Inc. SAP slid 1.09% to C$38.27 Monday, in what proved to be an otherwise all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index rising 0.04% to 35,518.55. Saputo Inc. closed 15.1% short of its 52-week high of C$45.09, which the company reached on April 10th. Trading volume of 430,999 shares remained below its 50-day average volume of 762,150. Data source: Dow Jones Market Data, FactSet. Data compiled October 5, 2026. This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. (END) Dow Jones Newswires October 05, 2026 16:35 ET (20:35 GMT)

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