French stocks drifted lower Tuesday morning amid concerns about rising U.S.-Iran tensions and the potential impact of the conflict on global economic growth. Elevated oil prices and higher bond yields hurt as well.

The 60-day ceasefire agreement has expired, and Washington has rejected an extension. Meanwhile, Iran has warned of a strong response, saying its is preparing to shift to a “fully offensive” military posture.

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CAC 40 Moderately Lower On Geopolitical Concerns

2026-08-18 10:01:47

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