Global Market: European shares waver as earnings, rising oil weigh on sentiment
European shares edged lower as investors assessed mixed bank earnings and rising oil prices ahead of the European Central Banks policy decision. Technology and energy stocks gained, offering some support amid broader market weakness.
European shares edged lower on Wednesday as investors assessed a fresh batch of corporate earnings, including results from Deutsche Bank and Santander, while rising oil prices weighed on market sentiment ahead of the European Central Bank's interest rate decision.The pan-European STOXX 600 index fell 0.16% to 642.64 points by 0811 GMT, as investors weighed contrasting performances among major banking stocks and monitored developments in the energy and technology sectors.US MarketsPowered ByAs on 28 Oct 2026, 01:30 AM ISTS&P 500 Top GainersPentair62.29(12.80%)Dell Technologies501.96(7.47%)Super Micro Computer35.09(7.34%)Western Digital380.88(6.95%)Gainers»S&P 500 Top LosersXylem92.86(-14.21%)Boeing168.18(-10.69%)Valero Energy387.34(-9.24%)Coterra Energy32.56(-8.62%)Losers»Read more: Global Market: South Korean shares surge 6% as SK Hynix earnings fuel AI chip rallyDeutsche Bank shares rose 3.5% after Germany's largest lender reported a 2% increase in third-quarter profit, exceeding analysts' expectations and defying forecasts for a decline.
