European stocks and the euro fell on Monday as unrest in France added to concerns over the country's fiscal outlook, with the STOXX 600 down 0.7% and the CAC 40 off more than 1%. The euro slipped 0.3% to US$1.1203, close to its 16-month low of US$1.1113. Wall Street futures rebounded after a tech-led selloff that saw the Philadelphia Semiconductor Index tumble 11.4%, with Meta, Lam Research, Texas Instruments and Tesla due to report on Wednesday. Brent fell 1.8% to US$104 a barrel after hitting its highest level in months on Friday, and earlier oil weakness followed Trump's decision to waive some Russia sanctions. Meanwhile, France's 10-year yield rose 7.3 bps to 4.857%, while gold gained 0.3% to US$4,183 an ounce and bitcoin rose above US$82,000.
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Related tickers and likely impact
EUR/USD
▼ Likely negativeRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/16/2026 | 1.12393 |
| Change that session | +0.16% |
QQQ
• NeutralInvesco QQQ Trust
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/16/2026 | 709.82 |
| Change that session | -2.50% |
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% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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