European shares rise as oil slips, yields stall By Reuters

• Simply Wall St identified three European growth stocks with high insider ownership and returns on equity of up to 56%. • The pan-European STOXX Europe 600 Index recently ended the week down by 1.66% due to geopolitical tensions and rising inflation.

• Europe's gas storage levels have fallen to 69%, which is well below the five-year average heading into winter. • Research from the Bank of Italy published in June indicates that gas-price shocks create more persistent inflation than oil shocks.

• European equities rallied through the first half of 2026, driven by a combination of healthy corporate earnings and falling oil prices. • Market gains were specifically fueled by increased government spending, bank profits, and investments in artificial intelligence.

• European stocks rose following a Federal Reserve interest rate hike as oil prices fell and bond yields stabilized. • Sweden’s benchmark index climbed 1.1 per cent, while spirits maker Berentzen jumped 19.4 per cent after confirming takeover talks with Sazerac.

• Moody's raised India's GDP growth forecast for the 2026-27 fiscal year to 7% from a previous estimate of 6%. • This revised projection is driven by robust investment and strong private consumption, surpassing forecasts from the IMF and S&P Global Ratings.

• Indian shares are expected to open flat on Thursday following a U.S. Federal Reserve decision to raise interest rates. • The Federal Reserve unanimously increased rates by 25 basis points, marking its first rate hike in over three years.

• Indian equity markets ended mixed on Thursday, with the Nifty gaining 53 points while the Sensex slipped 22 points. • Buying interest focused on mid- and small-cap stocks within the healthcare, power, defence, industrial, and capital goods sectors.

• The central bank raised its benchmark interest rate by 25 basis points to a range of 3.75% to 4.00% during its meeting on the 16th. • This move marks the first rate hike since July 2023, when rates reached a 22-year high of 5.25% to 5.50%.

• Dow futures rallied 600 points and Nasdaq-100 futures gained 1.7% following a selloff triggered by the Federal Reserve's first interest rate hike in three years. • The Federal Reserve raised the overnight federal funds rate by 25 basis points to a target range of 3.75% to 4%.

• Ursula von der Leyen proposed an Emergency Security Protocol on September 17, 2026, which would allow any EU member state to trigger emergency security measures. • The Kosovo Specialist Chambers sentenced Hashim Thaci to twenty-five years in prison.

• European stock markets opened higher on Thursday morning despite recent losses on Wall Street. • The US Federal Reserve raised interest rates for the first time in three years and signaled that further increases are coming.