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Business & Economy

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  3. European stocks close lower following ECB rate hike

European stocks close lower following ECB rate hike

10/09/2026 | 20:30:39

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European stocks close lower following ECB rate hike

Amman, Sept. 10 (Petra) -- European stock indexes closed lower across the board on Thursday following the European Central Bank's decision to raise interest rates.

The pan-European Stoxx 600 index fell roughly 0.61% at the close, according to CNBC.

Germany's DAX dropped 0.69%, the UK's FTSE 100 declined 0.57%, and France's CAC 40 closed down 0.49%.

The central bank's rate hike coincided with sustained gains in global oil prices and rising U.S. Treasury yields, compounding pressure on investors and fueling concerns over persistent inflation.

//Petra// AF

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