Euro nudges lower after ECB holds steady, stocks inch up
The European Central Bank maintained interest rates, indicating rising inflation risks tied to increasing energy prices. Following the decision, the euro declined against the dollar and the pound, reaching a low not seen in 18 months. Euro zone bond yields also dropped slightly, while European stocks experienced a modest rise. Central bank President Christine Lagarde announced her early departure, effective February 7.
The euro and euro zone bond yields inched lower, and European stocks edged higher on Thursday, after the European Central Bank held interest rates steady, as expected.However, the central bank warned inflation risks were on the rise from surging energy costs, which may solidify market bets for a December rate hike.US MarketsPowered ByAs on 29 Oct 2026, 01:30 AM ISTS&P 500 Top GainersOracle144.54(10.73%)Labcorp Hldgs360.25(8.78%)GE HealthCare Techs75.82(6.62%)Micron Technology983.23(5.86%)Gainers»S&P 500 Top LosersF5365.53(-20.43%)CoStar Group27.54(-13.96%)C.H.
