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European Shares Edge Higher On Lebanon Ceasefire; FTSE 100 Dips As Energy Stocks Drag

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

European stocks edged higher on Thursday and oil prices fell more than 1 percent toward $96 a barrel as Israel and Lebanon agreed to renew their fragile ceasefire following days of bombardment and drone strikes.

That said, regional gains remained capped by fresh jitters over private credit markets, tariff worries and concerns about inflation and interest rates.

The pan-European STOXX 600 edged up by 0.2 percent to 622.14 after falling 0.7 percent on Wednesday.

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