European Stocks Rise Amid Falling Oil Prices and Stable Yields

European stocks rose on Thursday as oil prices continued to fall and global bond yields stalled after the US Federal Reserve's interest rate hike. The pan-European STOXX 600 index increased by 0.5% to 640.37 points, with most regional bourses following suit.

Travel stocks led the gains, rising by 0.8%, driven by lower oil prices. Technology stocks also climbed 0.8%, boosted by gains in Nemetschek and ASML. However, European energy stocks dipped 0.2% as oil prices extended losses for a second session.

Sodexo gained 3.2% after J.P.Morgan upgraded its rating on the French caterer to 'overweight' from 'neutral'. Bilfinger, on the other hand, slipped 24.2% after lowering its 2026 outlook for the second time.