Home
News
默认头像

CAC 40 Extends Losses On Worries About Trade Tensions

2024-12-24iFOREXiFOREX
French stocks fell on Wednesday to extend losses from the previous session as fears over Trump's presidency overshadowed the prospect of U.S. interest-rate cuts in 2024.
CAC 40 Extends Losses On Worries About Trade Tensions

(RTTNews) - French stocks fell on Wednesday to extend losses from the previous session as fears over Trump's presidency overshadowed the prospect of U.S. interest-rate cuts in 2024.

The phenomenon known as the "Trump trade" has gained new momentum in financial markets after Donald Trump chose Ohio senator J.D. Vance to be his running mate for the 2024 presidential election.

Also, Trump said he thinks Taiwan should pay the U.S. for defense claiming the country "doesn't give us anything."

The benchmark CAC 40 was down 27 points, or 0.4 percent, at 7,552 after declining 0.7 percent in the previous session.

In corporate news, Pernod Ricard shares rose 1.3 percent.

The conglomerate has inked a deal to sell its international wine brands to Australian Wine Holdco Limited, a consortium of international institutional investors and owner of Accolade Wines.

Disclaimers

The article is sourced from myfx with the original source credited. The views expressed herein are not affiliated with FXOR; readers are encouraged to approach the content rationally. Copyright belongs to the original author. If unintentional infringement upon media or personal intellectual property rights has occurred, please contact us, and we will promptly remove the content. FXOR merely provides information storage services. The article is compiled and released by FXOR; reprints must indicate the original source.

iFOREX Enter the brand column

Hottest

About 1 Year Ago

European stocks closed lower on Thursday on concerns the Federal Reserve might not reduce interest rates more than one time this year despite soft consumer price and producer price inflation data.

About 1 Year Ago

John Wiley & Sons, Inc. (WLY) reported Thursday net income for the first quarter of $25.27 million or $0.46 per share, sharply lower than $68.34 million or $1.22 per share in the prior-year quarter.

About 1 Year Ago

Asian stocks rose broadly on Thursday as soft U.S. inflation data helped keep the door open for a Federal Reserve rate cut in September.

About 1 Year Ago

While announcing its widely expected decision to leave interest rates unchanged on Wednesday, the Federal Reserve also revealed officials now expect only one interest rate cut this year. In support of its goals of

About 1 Year Ago

Asian stocks drifted lower on Wednesday as investors awaited key U.S. inflation data as well as a Federal Reserve policy decision later in the day for additional clues on the outlook for interest rates.

home

Home

home

Brokers

home

News

home

Expo

home

Mine