European stocks hit one-week high on easing oil

European shares rose to a one-week high as lower oil prices and falling bond yields lifted market appetite. However, disappointing results from LVMH pressured the luxury sector and technology stocks fell.

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Chart of German share price DAX (Deutscher Aktienindex) at the stock exchange in Frankfurt, Germany, October 6, 2026.  REUTERS/Staff

European shares rose 0.61% to 639.54 points during Tuesday morning trade, hitting a one-week high as lower oil prices and falling bond yields lifted investor appetite.

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