Euro Stoxx 50 drops 1.29 percent at midday as oil tops USD 100
Published on 10/07/2026 at 13:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
The Euro Stoxx 50 fell 1.29 percent to 6,191.61 points in midday trading on October 7, 2026, according to finanzen.ch. The index had closed at 6,272.23 points on October 6.
Oil and yields pressure European equities
European shares came under pressure as Brent crude rose above USD 100 amid renewed Middle East tensions and supply concerns. Reuters said higher oil prices and rising bond yields weighed on stocks after three consecutive gains.
French fiscal concerns also returned to focus. The French-German 10-year yield spread widened to 131 basis points, while the euro fell 0.47 percent to USD 1.1208, according to Euronext.
Events ahead
The European Central Bank scheduled its weekly and monthly APP and PEPP updates for 3:00 p.m. CEST on October 7, alongside its consolidated financial statement, according to the European Central Bank. The Federal Reserve's minutes from its September meeting were scheduled for 9:00 p.m. CEST, according to XTB.
The next session will begin on Thursday, October 8, with investors focused on energy prices, European sovereign yields and the scheduled release of the ECB's monetary policy meeting account.
