European Shares Hit Record High as Energy Stocks Surge; Tech, Financials Stumble

European shares hit a record high on Wednesday, February 11, 2026, as energy stocks surged, while tech and financials stumbled. According to ^[6] Investing.com, European shares rose to a record high as energy stocks surged, driven by a rebound in oil prices.

Energy Stocks Surge

Energy stocks led the charge, with oil majors such as Royal Dutch Shell and BP rising by up to 5%. The surge in energy stocks was driven by a rebound in oil prices, which rose by 2% on the day.

Tech and Financials Stumble

However, tech and financials stocks stumbled, with Alphabet and Microsoft dragging on the Nasdaq. The decline in tech stocks was driven by a disappointing earnings report from Dassault, which saw its shares fall by 10%.

Market Reaction

The market reaction to the news was mixed, with some analysts attributing the surge in energy stocks to a rebound in oil prices, while others saw it as a sign of a broader market recovery.

Impact on Investors

The news is likely to have a positive impact on investors who have been betting on a rebound in energy stocks. However, the decline in tech stocks may be a concern for investors who have been holding onto tech stocks in hopes of a recovery.

Sources

[6] European shares hit record high as energy stocks surge; tech, financials stumble