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Earnings, Lower Crude Bills Lift European Bourses Midday

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Last updated: 11/10/2026 06:43:17

06:43 AM EST, 11/10/2026 (MT Newswires) -- European bourses rose midday Tuesday as global crude oil prices extended declines on Middle East peace hopes and traders digested the earnings season.

Bank, property and tech stocks led gains on continental trading floors, while oil shares lagged.

The pan-continental Stoxx Europe 600 Index was up 0.8% mid-session, testing record highs.

Brent crude oil futures were down 1.5% at $91.13 a barrel in midday trades.

Infineon Technologies traded up 5.9% mid-session after the German chipmaker reported fiscal Q1 results and forecast earnings and revenue growth for the full fiscal year.

Investors also eyed mixed Wall Street futures, but Asian exchanges posted solidly higher closes overnight on a tech-sector rebound.

In the sectors, the Stoxx Europe 600 Technology Index was up 0.9%, and the Stoxx 600 Banks Index gained 2.3%.

The Stoxx Europe 600 Oil and Gas Index eased 1.2%, while the Stoxx 600 Europe Food and Beverage Index rose 0.4%.

The REITE, a European REIT index, rose 0.9%.

On the national market indexes, Germany's DAX was up 1.3%, and the FTSE 100 in London gained 0.5%. The CAC 40 in Paris was up 1.2%, and Spain's IBEX 35 rose 1.5%.

Yields on benchmark 10-year German bonds were lower, near 3.26%.

The Euro Stoxx 50 volatility index was up 7.2% to 21.89, indicating above-average volatility for European stock markets in the next 30 days, a negative signal. A reading above 20 indicates choppier markets ahead, while below 20 suggests calmer exchanges.

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