S&P Dow Jones Indices Europe Dashboard

Roiled by Brexit tensions, global trade uncertainty, and sharp declines in commodity prices, European equities slipped in November. The S&P Europe 350® fell 0.8% on the month and is now down 4.6% on the year.
The S&P United Kingdom declined 1.4% as markets anxiously awaited the outcome of Brexit negotiations. Market uncertainty drove Pound price volatility to its highest levels since the Brexit referendum. Though the EU and Prime Minister Theresa May have struck a tentative deal for the U.K's exit from the EU, it will still need to pass Parliamentary muster.
European sector results were mixed. A sharp decline in oil prices weighed down the Energy sector, leading to a 6% decline on the month. Broadly, commodity baskets declined, leading to a 6% decline for the Materials sector as well. It was not all doom and gloom, however; the Communication Services sector was the shining star, gaining 7.2%.