← Markets

Fidelity Europe Fund

FIEUX · NASDAQ

Market closed$49.53$-0.260000 (-0.52%)

Key statistics

Previous close$49.79
Open$49.53
Day high$49.53
Day low$49.53
52-week high$50.84
52-week low$43.27
Market cap992.68M
Volume—
Average volume—
P/E ratio—
Forward P/E—
EPS—
Dividend yield0.00%

Market context

Why it moved

FIEUX edged lower amid thin trading volume and a lack of meaningful catalysts, as no significant news or market events directly impacting the fund were identified today.

IglucruiseInstagramInstagramFacebookThewinepairpodcast

What is happening

Recent company-specific developments and publisher coverage.

July 17, 2026Fidelity Europe Fund declined nearly 1% as European equity sentiment was weighed down by a tech-led selloff rippling through global markets, with the Nasdaq falling sharply on semiconductor weakness and safe-haven demand building amid escalating Middle East tensions. Despite broadly strong Q2 earnings from major U.S. financials — including record results from Goldman Sachs, BNY, and BlackRock — macro headwinds including geopolitical risk and AI-driven market concentration pressured international equity funds focused on Europe.

-0.9796

July 16, 2026Fidelity Europe Fund edged up modestly after hours, finding support from a broadly constructive macro backdrop that includes softer-than-expected U.S. CPI data, strong Q2 Wall Street bank earnings, and a rotation into financials globally. The XLF financial sector ETF approached a 52-week high, with Finance sector Q2 earnings tracking up ~30% year-over-year per Zacks data, while European equities benefited from resilient investor sentiment despite China GDP softness and ongoing Middle East tensions.

0.4438

July 15, 2026Fidelity Europe Fund edged higher as the broader financial services sector benefited from a wave of strong Q2 earnings across Wall Street, with BlackRock topping estimates and reporting record iShares AUM surpassing $6 trillion, while Goldman Sachs, Morgan Stanley, and BNY all beat forecasts. Cooling June U.S. inflation data (3.5% YoY vs. 4.2% prior) also bolstered sentiment by reducing near-term Fed rate hike fears, a positive for European equities exposed to global macro conditions. European macro fundamentals offered modest support as well, with Germany's ifo Business Climate ticking up and inflation easing to 2.3%.

0.6236

Fidelity · June 17, 2026AI opportunity in international stocks | 2026 outlook | FidelityIPE Real Assets · May 15, 2026Fidelity acquires five European logistics assets for climate impact fundESG Dive · July 2, 2024Fidelity updates sustainable investing framework against regulatory backdropNew Private Markets · October 25, 2023Fidelity launches brown-to-green real estate fund

Peers

S&P 500SPX · $7,457.69-1.01%Buffalo InternationalBUFIX · $27.14-0.95%Fidelity Global Commodity Stock FundFFGCX · $26.42+0.80%Fidelity Canada FundFICDX · $85.02+0.20%Fidelity Japan FundFJPNX · $23.63-1.25%Fidelity Pacific Basin FundFPBFX · $46.93-1.47%Hartford Schroders US MidCap Opportunities FundSMDIX · $22.38-0.53%Virtus KAR Mid-Cap Growth FundVRMGX · $40.87-0.90%