European Shares Drift Lower As Oil Extends Gains For Fourth Day

European equities edged lower as lingering Middle East tensions outweighed a drop in U.S. bond yields. The Treasury Department’s decision to dramatically ramp up government debt purchases pressured yields lower, but risk sentiment remained cautious due to geopolitical headlines.

Analysis

European equities edged lower as lingering Middle East tensions outweighed a drop in U.S. bond yields. The Treasury Department’s decision to dramatically ramp up government debt purchases pressured yields lower, but risk sentiment remained cautious due to geopolitical headlines.