Euro Stoxx 50 slips 10 points as bank earnings divide

Published on 10/28/2026 at 13:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Euro Stoxx 50 slips to 6,155 points as oil rises and bank earnings diverge ahead of the Federal Reserve decision at 8:00 p.m. CEST.

Bank earnings and rate decisions

At 1:03 p.m. CEST on October 28, 2026, the index stood at 6,155 points, down 10 points or 0.2 percent.
Oil prices climbed more than 2 percent as markets awaited the Federal Reserve decision.
Stellantis led gainers at 5.7 percent, while Santander fell 4.6 percent.
The Federal Reserve is due at 8:00 p.m. CEST on October 28, 2026.

Euro Stoxx 50, EU0009658145, Illustration mit AI erstellt.

The Euro Stoxx 50 stood at 6,155 points at 1:03 p.m. CEST on October 28, 2026, down 10 points or 0.2 percent. Oil prices climbed more than 2 percent as markets waited for the Federal Reserve's rate decision, dpa-AFX via Yahoo Finance reported.

Stellantis was the strongest Euro Stoxx 50 mover, rising 5.7 percent after its quarterly update. Santander fell 4.6 percent after its results, while Deutsche Bank gained 3.0 percent as its outlook improved, dpa-AFX via Yahoo Finance said.

Why is the Euro Stoxx 50 lower at midday?

Higher oil prices weighed on sentiment ahead of Thursday's European Central Bank decision. Reuters said crude rose more than 2 percent while investors assessed mixed bank earnings, including Deutsche Bank and Santander, Reuters reported.

The Federal Reserve decision later Wednesday added a second policy risk. The federal funds target range was expected to remain at 3.75 percent to 4.00 percent, Yahoo Finance reported.

Winners and losers in the Euro Stoxx 50

Midday winners and losers came from the same market update, dpa-AFX via Yahoo Finance reported:

Stellantis up 5.7 percent after its quarterly report.
Deutsche Bank up 3.0 percent after improving its outlook.
Santander down 4.6 percent after its results.
BNP Paribas down 0.9 percent after its earnings release.

Euro Stoxx 50 course and afternoon risks

The index opened at 6,178 points, above the previous close of 6,165 points, before moving lower by midday. Banks showed mixed reactions, while technology and energy shares provided support as investors positioned for the Fed decision.

What comes next for the Euro Stoxx 50

October 28, 2026, 8:00 p.m. CEST: Federal Reserve rate decision, with the target range expected at 3.75 percent to 4.00 percent, Borsa Italiana reports.
October 29, 2026, 2:15 p.m. CET: European Central Bank rate decision, followed by the press conference at 2:45 p.m. CET, European Central Bank reports.

Euro Stoxx 50 price data for October 28, 2026

The Euro Stoxx 50 stood at 6,155 points at 1:03 p.m. CEST on October 28, 2026, down 10 points or 0.2 percent versus the previous close of 6,165 points, dpa-AFX via Yahoo Finance reported. The index opened at 6,178 points.

Euro Stoxx 50 by the numbers on October 28, 2026

Index: Euro Stoxx 50
Home exchange: STOXX, Europe
Level at 1:03 p.m. CEST on October 28, 2026: 6,155 points
Change versus previous close of October 27, 2026: down 10 points (down 0.2 percent)
Previous close: 6,165 points
Open: 6,178 points
Top gainer: Stellantis up 5.7 percent
Top loser: Santander down 4.6 percent
Next scheduled event: October 28, 2026, 8:00 p.m. CEST: Federal Reserve rate decision