European stocks close mixed as STOXX 600 slips 0.09%

  • European stocks finished mixed Tuesday as bond yields and energy prices pressured markets.
  • 0.09%: STOXX 600 declined to 638.08 after surrendering earlier gains.
  • The euro fell to $1.1328, its lowest level since June 24.

European stocks ended mixed Tuesday as elevated bond yields and energy prices weighed on markets, while the euro fell 0.38% to $1.1328, its lowest level since June 24. The pan-European STOXX 600 slipped 0.09% to 638.08 after giving up earlier gains. Germany's DAX and Italy's FTSE MIB rose modestly, while benchmarks in London, Paris and Madrid declined. Oil prices remained above $100 a barrel for part of the session, keeping inflation risks in focus, and the 30-year U.S. Treasury yield reached its highest level since 2002. The European Central Bank (ECB) has forecast euro-area inflation at 3% in 2026 and 2.5% in 2027, above its 2% target. U.S. data showed consumer confidence falling to 81.9 in September, its lowest since 2014, while job openings declined by 256,000 to 7.079 million in August. Investors are watching this week's inflation and employment data for clues about the U.S. Federal Reserve's next policy move.

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