loading
loading
The pan-European STOXX 600 index fell 0.2% to 641.57 points by 0717 GMT, after gaining more than 1% over the previous two sessions. The index remained near one-week highs. Read more: Global Market: Nikkei gains 1% as AI, chip stocks rally; BOJ hikes rates According to Reuters, the STOXX 600 was heading for its first weekly gain in three weeks, following a week packed with interest rate decisions from major central banks, including the U.S. Federal Reserve and the Bank of England. Telecommunications stocks fell 1.8% in early trading. Deutsche Telekom declined 3.1%, while Airtel Africa dropped 4.8%. Read more: Global Market: Yuan hits 4-year high as traders bet on further gains The food and beverage sector also came under pressure, losing 1%. Nestle fell 1.2% after Russia seized control of the Swiss food company's local assets. Energy stocks declined 0.5%, tracking a third consecutive session of lower oil prices. Reuters reported that oil remained above $100 a barrel, although prices were pressured by expectations that disruptions to Saudi supplies would remain limited. Technology stocks provided some support to the broader market, rising 0.9%. Chip-related companies Aixtron and Infineon Technologies were among the leading gainers. Market sentiment this week has been shaped by monetary policy decisions across major economies, while movements in energy prices and sector-specific developments continued to influence European equities. (Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times) (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
document fetched 2026-09-19 02:58