Global Economy

European Stocks Slide as Oil Prices Spike and Bond Yields Rise

European equity markets opened lower on Thursday, pressured by surging crude oil prices and climbing government bond yields amid renewed inflation worries. The CAC 40, FTSE 100 and DAX all posted losses, while U.S. futures pointed to further declines. Geopolitical tensions, including remarks from Iran’s president and a U.S.-China trade truce extension, added to market jitters.

September 24th, 2026

2 min read

By boursenews.ma

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Market Movements

European equity indices opened lower on Thursday, with the CAC 40 falling 0.28% to 8,101.51 points, the FTSE 100 slipping 0.28% and the DAX dropping 0.39% in early trade.\n

The broader EuroStoxx 50 eased 0.18%, the FTSEurofirst 300 retreated 0.38% and the Stoxx 600 lost 0.12%. U.S. equity futures also pointed to a weaker session, forecasting declines of 0.21% for the Dow Jones, 0.39% for the S&P 500 and 0.58% for the Nasdaq.\n

Bond Market Pressures

Government bond yields continued their ascent, fuelled by fresh inflation concerns. The U.S. 10‑year Treasury yield rose to 5.12%, its highest level since 2007, while the German Bund – the euro‑area benchmark – climbed to 3.54% after gaining nine basis points the previous day. In Japan, the 10‑year government bond yield increased eight basis points to 3.06%, a level not seen since August 1996.\n

Oil and Geopolitics

On the commodity front, Brent crude remained firmly above the $100‑per‑barrel mark. Geopolitical tensions added to market nervousness: Iranian President Massoud Pezeshkian told the United Nations that Tehran would never capitulate to the United States, though he voiced faith in diplomatic solutions. Meanwhile, U.S. President Donald Trump hosted his Chinese counterpart Xi Jinping at the White House, and Treasury Secretary Scott Bessent announced that the two sides had agreed to extend their existing trade truce by two months to negotiate a more comprehensive agreement.\n

Corporate Movers

Trigano gained 0.70% after reporting a 3.8% rise in revenue for the 2025‑2026 fiscal year.\n
H&M slipped 3.37% following the release of its third‑quarter results.\n
Mercedes‑Benz fell 1.51% after WirtschaftsWoche cited plans to cut German wage costs by €800 million.\n