CAC 40 Modestly Lower

(RTTNews) - French stocks are languishing in negative territory a little past noon on Monday with investors largely making cautious moves amid lingering concerns about Artificial Intelligence bubble, and a bit of uncertainty about the Federal Reserve's upcoming policy move.

Investors are also awaiting earnings updates from AI major Nvidia, and U.S. economic data.

The benchmark CAC 40 was down 26.72 points of 0.33% at 8,143.37 a few minutes ago.

Kering is declining 1.86%. LVMH and STMicroElectronics are down 1.7% and 1.6%, respectively.

Euronext, Schneider Electric, Renault, EssilorLuxottica, L'Oreal, ArcelorMittal, Stellantis, Hermes International, BNP Paribas and Accor are down 0.7 to 1.1%.

Thales is rising more than 2.5%. Airbus is gaining 1.3% and Safran is up 1.1%. Engie, Bouygues and TotalEnergies are up with moderate gains.

RTTNews
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
More articles by this source

Tags

Latest Articles

Data is currently not available