According to CoinMeta, after hitting record highs for four consecutive days, the European benchmark stock indices have seen a temporary pause in their upward trend, with a decline on Friday. The Euro Stoxx 600 index has fallen by about 0.2%, with industrial and consumer stocks leading the decline. As crude oil prices rose slightly, oil stocks also gained. The index closed at its highest level since August on Wednesday and reached a new peak on Thursday. Affected by the turmoil around NVIDIA, the U.S. market suffered, while this benchmark index is expected to rise by 2.2% this week, potentially setting the largest single-week gain since July and outperforming the U.S. market. Goldman Sachs strategists predict that European earnings growth will slow from 18% in 2026 to 7% in 2027. They expect the Stoxx 600 index to reach 700 points within 12 months, which would mean a price return of about 6% and a total return of 9%.