European shares drifted lower on Wednesday, with renewed Middle East tensions and France’s deepening fiscal crisis keeping investors on edge.

Brent crude futures traded above $101 a barrel following more attacks on vessels in the Persian Gulf region.

German, French and Italian bond yields jumped as investors refocused on fiscal worries.

In economic releases, German industrial output expanded 2.0 percent on a monthly basis in August, in contrast to the 1.2 percent decrease in July, data published by Destatis revealed.

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European Shares Slide On France’s Fiscal Worries

2026-10-07 09:22:51

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