Live Markets: STOXX extends bounce from 3-month lows

Bilfinger SE

17/09/2026 09:31

Adds blog post
STOXX 600 up 0.4%
Investors await BoE after Fed hike
Oil extends decline, yields steady
U.S. stock futures rise
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STOXX EXTENDS BOUNCE FROM 3-MONTH LOWS
Europe's STOXX 600 .STOXX joined a modest global equity rally on Thursday after the Federal Reserve's first rate hike since 2023 helped steady bond markets, while oil prices fell on easing supply concerns.
The index rose 0.4% in a second day of gains after hitting 3-month lows, with travel .SXTP, tech .SX8P and auto .SXAP stocks leading advances. Chemicals .SX4P lagged, down 0.4%.
Among top fallers, industrial group Bilfinger GBFG.DE fell 21% after cutting its outlook, while Raiffeisen RBIV.VI fell 8% after Grizzly disclosed a short position and alleged the lender's involvement in sanctions-restricted Russian trade.     
About 65% of STOXX 600 constituents traded higher.
London's FTSE .FTSE rose 0.4% in line with broader European markets, ahead of the Bank of England's policy announcement later in the day.
(Danilo Masoni)
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EARLIER ON LIVE MARKETS:
BEFORE THE BELL: EUROPE EDGES UP AS OIL AND YIELDS EASE CLICK HERE
FED LIFTS THE HAWKISH BAR FOR BOE CLICK HERE