The Switzerland market started off on a sluggish note Monday morning, but steadied and stayed firm thereafter to eventually end the day's session modestly higher, in line with markets across Europe.
Despite worries about tariffs, the mood remained a bit positive as major European markets climbed higher with defense stocks hogging the limelight as European leaders convened a meeting in Paris for talks on increasing defense expenditure to ramp up regional security.
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Market Analysis
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.