European Stocks Fall Further

2026-09-24 16:15 By Andre Joaquim 1 min. read

European stocks closed lower on Thursday as soaring energy prices lifted benchmark rates.

The Euro STOXX 50 fell 0.4% to 6,275, and the STOXX Europe 600 fell 0.5% to 637.

Fuel and natural gas prices surged amid signs that the naval blockade in the Persian Gulf could be prolonged, in addition to signals from the US presidential administration that diesel exports could be banned.

Sovereign yields extended their surge this week, weighing on the corporate sector.

Infineon sank 4.2% and Siemens Energy dropped 1.7%, tracking the negative AI trade in North America.

On top of that, banks were also mostly lower, with UniCredit and Deutsche Bank losing 1.6% and 2.3%, respectively.

Meanwhile, Dior surged 16% after the Arnault family group announced a €469-per-share cash offer.

Outside the Eurozone, the SNB held rates as expected and pushed back against franc intervention, steadying Swiss banks.

On the other hand, the Riksbank delivered a hawkish hold, and Norges Bank lifted its policy rate.



News Stream
European Stocks Fall Further
European stocks closed lower on Thursday as soaring energy prices lifted benchmark rates. The Euro STOXX 50 fell 0.4% to 6,275, and the STOXX Europe 600 fell 0.5% to 637. Fuel and natural gas prices surged amid signs that the naval blockade in the Persian Gulf could be prolonged, in addition to signals from the US presidential administration that diesel exports could be banned. Sovereign yields extended their surge this week, weighing on the corporate sector. Infineon sank 4.2% and Siemens Energy dropped 1.7%, tracking the negative AI trade in North America. On top of that, banks were also mostly lower, with UniCredit and Deutsche Bank losing 1.6% and 2.3%, respectively. Meanwhile, Dior surged 16% after the Arnault family group announced a €469-per-share cash offer. Outside the Eurozone, the SNB held rates as expected and pushed back against franc intervention, steadying Swiss banks. On the other hand, the Riksbank delivered a hawkish hold, and Norges Bank lifted its policy rate.
2026-09-24
European Stocks Cautious
European stocks traded cautiously on Thursday, with both the STOXX 50 and STOXX 600 swinging around the flatline as investors awaited further developments on the US-Iran conflict. Tensions remained elevated, with little apparent progress towards ending the conflict, pushing oil prices higher once again and keeping government bond yields at multi-year highs. Meanwhile, investors are also looking ahead to today’s summit between Chinese President Xi Jinping and US President Trump, with markets awaiting any concrete developments that could help ease trade tensions, alongside discussions on other key issues. Technology and banking stocks were among the weakest performers. SAP (-1.2%), UBS (-2%), Infineon (-1.6%), Mercedes-Benz (-1.6%) and Rheinmetall (-2.6%) were lower and H&M shares fell nearly 3% after the company’s third-quarter results failed to impress investors. On the other hand, LVMH (0.4%), Novartis (1.1%) and Siemens (0.6%) were higher.
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European Stocks Head for Lower Open
European equity markets were set for a lower open on Thursday, extending losses from the previous session as strong US economic data heightened inflation concerns and raised expectations for further interest rate hikes, sending Treasury yields sharply higher. Investors also faced renewed pressure from a rebound in oil prices, which added to inflation risks as uncertainty persisted over US-Iran negotiations. In Europe, investors will assess the latest German business sentiment survey, along with French business and consumer confidence data. In corporate news, French firm Schneider Electric agreed to acquire Bulgarian company Shelly Group, a maker of smart home devices, in a deal valuing the latter at around $1.4 billion. In premarket trading, Euro Stoxx 50 and Stoxx 600 futures were down 0.6% and 0.5%, respectively.
2026-09-24