European stocks fell, led by France, where the CAC 40 dropped 1.3% to 7,854.31 after violent weekend protests that led to more than 2,000 arrests. Oil slipped about 2% after President Donald Trump put on hold broad sanctions against Russia, including on its energy, a move that drew disappointment from Ukraine and is likely to lift Russian energy exports. Brent fell 2.1% to $107.55 a barrel. In Asia, tech shares remained volatile amid investor concerns over the sustainability of the AI boom, with South Korea's Kospi still down more than 17% over the past month. The 10-year US Treasury yield eased to around 5.08%, after hitting 5.35% earlier this month, its highest since 2002.
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Original headline: European stocks slip led by France , and oil falls on Trump Russian sanctions waiver
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SPY
• NeutralSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/16/2026 | 763.31 |
| Change that session | -1.10% |
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Related news
- European stocks slip led by France , and oil falls on Trump Russian sanctions waiver
Global stocks were mixed on Monday as volatility in tech shares persisted in Asia. In Europe, France led losses after mass protests over rising living costs and poor school conditions; the CAC 40 fell 1.3% to 7,854.31, the FTSE 100 dropped 0.8% to 10,795.31 and Germany's DAX slid 1% to 25,360.14. Oil fell about 2% after Trump waived sweeping new sanctions on Russia, with Brent down 2.1% to $107.55 a barrel. In Asia, South Korea's Kospi rose 1.8% to 5,768.01 but is down more than 17% over the past month and well below its 9,000 peak in June, while Japan's Nikkei 225 lost 0.6% to 64,916.70. The 10-year U.S. Treasury yield eased to around 5.08% from roughly 5.13%.
- Trump waives new Russia sanctions
President Trump has temporarily waived for 60 days some sanctions targeting Russia's energy sector and economy, saying he is negotiating peace and does not want to drive Russia away from the bargaining table. The measures are part of the bipartisan Lindsey Graham Act passed last month, which targets Putin, senior military leaders, Russian financial institutions and energy projects, as well as a 'shadow fleet' of oil tankers, and imposes tariffs on buyers of Russian oil and gas, including China and India. The decision drew criticism: Ukrainian President Zelenskyy called it a historic mistake, and Republican Sen. Darline Graham said she would keep the pressure on Russia. It came a week after Trump revealed a deal letting Russia export diesel to the global market, though analysts say this will do little to lower diesel prices. Gas prices have risen more than 34% year over year, according to the latest government inflation data.
- Trump waives new Russia sanctions
President Donald Trump has temporarily waived some sanctions targeting Russia's energy sector and economy, saying he is negotiating peace and does not want to drive Russia away from the bargaining table. The administration said the waiver will last 60 days. The sanctions are part of the bipartisan Lindsey Graham Act passed last month, which also targets Russian President Vladimir Putin, a “shadow fleet” of oil tankers, and countries buying Russian oil and gas through tariffs. Ukrainian President Volodymyr Zelenskyy called the decision “unfortunate” and “a historic mistake,” and bipartisan lawmakers, including Sen. Darline Graham, also criticized the pause. Gas prices have risen more than 34% year over year, according to the latest government inflation data.
- Trump waives new Russia sanctions
President Trump has temporarily waived some sanctions targeting Russia's energy sector and economy, saying he is negotiating peace and does not want to drive Russia away from the table. The waiver covers measures from the Lindsey Graham Act passed last month and is set to last 60 days, which the administration says will test whether talks with Ukraine and Russia can produce progress. Ukrainian President Volodymyr Zelenskyy called the decision a historic mistake, and bipartisan lawmakers, including Sen. Darline Graham, criticized the pause. The law also targets Putin, Russian financial institutions, a shadow fleet of oil tankers, and buyers of Russian oil and gas, while gas prices in the US have risen more than 34% year over year.
- Trump waives new Russia sanctions
President Donald Trump has temporarily waived some sanctions targeting Russia's energy sector and economy, saying he is negotiating peace in the war with Ukraine and does not want to drive Russia away from the table. The administration said the waiver will last 60 days. The waived measures are part of the bipartisan Lindsey Graham Act passed last month, which also targets a “shadow fleet” of oil tankers, Russian financial institutions and energy projects, and imposes tariffs on countries buying Russian oil and gas. Ukrainian President Volodymyr Zelenskyy called the decision “unfortunate” and a “historic mistake,” and bipartisan lawmakers have criticized it too. Gas prices in the U.S. have risen more than 34% year over year, according to the latest government inflation data.
- European stocks slip and oil falls on Trump Russian sanctions waiver
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