Euro Stoxx 50 closes 1.55 percent lower as oil and yields rise
Published on 10/07/2026 at 21:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Euro Stoxx 50 closed on October 7, 2026 at 6,174.90 points, down 1.55 percent, as higher oil prices and renewed concerns over France's fiscal outlook weighed on European equities, according to finanzen.net.
Course of the session
The index opened at 6,255.80 points after closing at 6,272.23 points on October 6. It reached an intraday high of 6,255.80 and a low of 6,151.35 points, leaving the benchmark down 97.33 points for the session.
Drivers of the decline
Higher oil prices and rising bond yields pressured European stocks as renewed Middle East tensions raised supply concerns. Reuters reported that Brent crude held near USD 100 per barrel while the spread between French and German 10-year bonds widened by 11 basis points to about 140 basis points. The euro fell 0.6 percent to USD 1.119, according to Reuters.
Single stocks
Infineon was the weakest Euro Stoxx 50 member, falling 5.77 percent. Deutsche Bank dropped 4.94 percent and UniCredit lost 3.95 percent. Deutsche Telekom rose 2.20 percent, while adidas gained 1.10 percent, according to finanzen.ch.
What is ahead
For the next session, investors will assess the European Central Bank accounts from its September meeting, scheduled for release on October 8, 2026 at 1:30 p.m. CEST, according to Admiral Markets. The US Treasury is also scheduled to hold a 30-year bond auction on Thursday, a test for demand after the rise in long-term yields, Reuters reported.
