European stocks traded lower on Thursday, with the STOXX 50 falling 1.2% and the STOXX 600 declining 0.9%, extending losses from the previous session and falling to their lowest levels since mid-June, as a surge in oil prices weighed on risk sentiment amid escalating tensions in the Middle East. Oil prices climbed following reports that the White House had asked the Pentagon to draw up strike options against Iran that could be executed before the midterm elections.The rise in oil prices pushed bond yields higher again, adding further pressure on equities. Basic resources led the declines, while banks and healthcare stocks also came under pressure. In contrast, oil and gas shares traded higher. Among the largest companies, ASML (-1.6%), HSBC (-2%), Novartis (-1.1%), LVMH (-1%), Siemens (-1.9%) and L'Oreal (-1%) were all lower while Shell (1.1%) and TotalEnergies (1.1%) booked gains.
Euro Area's main stock market index, the EU50, fell to 6108 points on October 8, 2026, losing 1.23% from the previous session. Over the past month, the index has declined 3.22%, though it remains 8.58% higher than a year ago, according to trading on a contract for difference (CFD) that tracks this benchmark index from Euro Area. Historically, the Euro Area Stock Market Index (EU50) reached an all time high of 6582.30 in August of 2026. Euro Area Stock Market Index (EU50) - data, forecasts, historical chart - was last updated on October 8 of 2026.
Euro Area's main stock market index, the EU50, fell to 6108 points on October 8, 2026, losing 1.23% from the previous session. Over the past month, the index has declined 3.22%, though it remains 8.58% higher than a year ago, according to trading on a contract for difference (CFD) that tracks this benchmark index from Euro Area. The Euro Area Stock Market Index (EU50) is expected to trade at 6082.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 5621.94 in 12 months time.