S&P 5007,428.78▲0.2% Nasdaq24,876.91▼0.2% Dow52,747.32▲1.0% Russell 2K2,953.80▲0.2% 10-Yr4.60%−4bp VIX18.21−0.46 WTI$81.23▼1.7% Gold$4,023.80▼1.2% EUR/USD1.139▼0.1% BTC$64,345▲0.7% Nikkei64,931▲0.5%
At close · Tue, Jul 28, 2026
Daily Market Updates.

Global Markets

Home›Global Markets›Europe›European banks beat expectations as tech lags and oil…

European banks beat expectations as tech lags and oil jumps

CNBC World said banking results came in stronger than expected even as tech stocks remained under pressure and a surprise strike lifted oil prices.

Reported · Written up by our desk · Europe

CNBC World reported that European banks outperformed expectations, signaling a supportive note for parts of the region's financial sector.

The outlet also said technology stocks were still pressured, leaving mixed leadership across major market groups.

CNBC World added that oil prices surged after a surprise strike against U.S. forces, introducing a fresh geopolitical shock into energy markets.

← Newer storyHeathrow allowed to raise airport charges to fund third runway

More like this

Global MarketsHeathrow allowed to raise airport charges to fund third runway
Global MarketsBritain weighs defense funding via potential war bond issuance
Global MarketsJSW Energy investor stakes rise, but analysts see limited upside
Global MarketsAmerican investors now control more than half of the Premier League
Global MarketsUK warns of tighter budget as Iran war keeps oil and inflation high

Sources

CNBC WorldCNBC Daily Open: Banking beats, SK Hynix sinks and surprise attack rattles oil

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.