European stocks closed lower on Thursday as renewed gains in oil prices weakened hopes for progress in US-Iran negotiations and kept euro zone bond yields near multi-year highs. The pan-European STOXX 600 fell 0.6%, while energy shares gained 1.1% and technology stocks dropped 1.6%. Brent crude rose for a second session after five days of declines, remaining above $100 a barrel. Germany's 10-year government bond yield, the euro zone benchmark, held at 3.611%, just below a 17-year high reached last week. Investors also awaited a Washington meeting between US President Donald Trump and Chinese President Xi Jinping, with US Treasury Secretary Scott Bessent saying the countries had agreed to extend their trade truce to January 10. European stock-specific moves included a 4% rise in Shelly Group after Schneider said it intended to launch a €1.2 billion ($1.4 billion) takeover bid, while Vistry fell 3% after cutting its annual profit expectations.