European Stocks Lower
2026-07-14 07:33
By
Joana Taborda
1 min. read
European stocks traded lower on Tuesday, with the STOXX 50 and STOXX 600 both declining 0.5%, extending the modest losses recorded in the previous session, as developments in the Middle East continued to weigh on market sentiment.
Oil prices extended their gains amid renewed concerns over supply disruptions after the US and Iran exchanged further strikes, while President Trump announced plans to impose shipping fees for vessels transiting the Strait of Hormuz.
Investors also turned their attention to the start of the corporate earnings season, with ASML Holding scheduled to release its quarterly results on Wednesday.
The company's shares edged 0.4%.
Travel and leisure stocks were among the worst performers, while the energy sector outperformed, supported by stronger oil prices.
Among individual stocks, Siemens (-1.1%), Hermes (-2.0%), SAP (-1.3%), and Banco Santander (-1.0%) declined, whereas Shell (+1.6%), TotalEnergies (+2.0%), and BP (+2.7%) posted solid gains.