CBS News(@CBSNews):Lower oil prices helped lift European stock markets Wednesday, while continued high U.S. inflation weighed on Wall Street. Paris and Frankfurt rose in mid-afternoon trading, though London lagged behind as energy heavyweights BP and Shell were hurt by cheaper oil.

CBS News

@CBSNews

Your source for original reporting and trusted news. 📺 CBS | Streaming on the CBS News app | @ParamountPlus

Joined June 2008

636 Following 9.8M Followers

CBS News@CBSNews

2026.08.26 16:22

Lower oil prices helped lift European stock markets Wednesday, while continued high U.S. inflation weighed on Wall Street. Paris and Frankfurt rose in mid-afternoon trading, though London lagged behind as energy heavyweights BP and Shell were hurt by cheaper oil.