European Stocks Fall as Oil Tops $107 and U.S. 10-Year Yield Exceeds 5.02%

European stocks opened lower again, with Italian shares under heavy selling pressure as risk aversion remained dominant. According to Odaily, Brent crude traded above $107 a barrel after renewed attacks on Saudi energy infrastructure this week raised fresh supply concerns, while the U.S. 10-year Treasury yield rose above 5.02%, its highest level since 2007. U.S. futures also pointed lower, with S&P 500 futures down about 0.4% and Nasdaq futures down 0.3%. The article said the combination of oil above $100, U.S. yields above 5%, a more hawkish Federal Reserve outlook and lingering AI uncertainty weighed on markets.