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The Economic Times
The Economic Times
Business
Anupam Nagar

Global Market: European shares slip as rising oil prices, bond yields weigh on sentiment

European shares edged lower on Tuesday as rising crude prices and surging euro zone bond yields pressured equities, while fading hopes for a lasting peace deal between the United States and Iran added to inflation concerns, Reuters reported.

The pan-European STOXX 600 was down 0.2% at 654.81 as of 0703 GMT. Energy stocks outperformed, rising 0.6% as Brent crude climbed about 0.6% to $91.41 a barrel.

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