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.

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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.