European Equities Close Mixed in Friday Trading; Swiss GDP Flat in Q2

12:07 PM EDT, 08/15/2025 (MT Newswires) -- The European stock markets closed mixed in Friday trading as The Stoxx Europe 600 was off 0.02%, Germany's DAX edged 0.01% lower, the FTSE 100 declined 0.42%, France's CAC rose 0.67%, and the Swiss Market Index was up 0.61%.

Swiss economic output grew by only 0.1% in Q2, according to flash estimates from the Swiss Federal Statistical Office. "Swiss economy shows weak growth," the FSO said in a statement. "The negative performance in industry has been counterbalanced by gains in the services sector."

In Germany, approximately 46 million people were employed in Q2, according to preliminary estimates by the German Federal Statistical Office. The figure was lower by only 7,000 workers from the previous quarter.

And in corporate news, AstraZeneca said Friday it launched its at-home delivery service for nasal spray flu vaccine FluMist. The service, called FluMist Home, will be available in 34 states for the 2025-2026 flu season, the company said, adding that it aims to make the service available in the 48 contiguous states in the future.

FluMist, which can be self-administered by people aged 18 to 49 or by a parent or caregiver to people aged two to 17, will remain available in doctors' offices and pharmacies for administration by health care professionals in the country, AstraZeneca said.

Shares of the British pharmaceutical company AstraZeneca edged 0.05% higher in London.

Volkswagen and XPeng and said late Thursday that they have signed a deal to expand E/E architecture technical collaboration. Financial terms were not disclosed.

Under the terms of the deal, the E/E architecture will not only be integrated into the German automaker's electric vehicle platforms but also launched throughout its internal combustion engine and plug-in hybrid electric vehicle platforms in China.

Shares of Volkswagen gained 0.57% on the DAX.

And mining stocks trended higher as Anglo American and Glencore rose 2.2% and 1.8% respectively on the FTSE 100, followed by Antofagasta, which gained 1.3%, while ArcelorMittal rose 0.41% in Paris.

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