{"id":11467,"date":"2021-07-05T09:07:39","date_gmt":"2021-07-05T09:07:39","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/07\/05\/cac-40-cuts-losses-after-pmi-data\/"},"modified":"2021-07-05T09:07:39","modified_gmt":"2021-07-05T09:07:39","slug":"cac-40-cuts-losses-after-pmi-data","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/07\/05\/cac-40-cuts-losses-after-pmi-data\/","title":{"rendered":"CAC 40 Cuts Losses After PMI Data"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> French stocks were subdued in cautious trade on Monday after Health Minister Olivier Veran warned France could be heading for a fourth wave of the pandemic due to the Delta variant.<\/p>\n<p>While several top doctors and infectious diseases specialists predicted a possible spike in the virus in September, V\u00e9ran said in a tweet on Sunday that a fourth wave might arrive well before then.<\/p>\n<p>The benchmark CAC 40 index was marginally lower at 6,551 after finishing little changed with a negative bias on Friday. <\/p>\n<p>Underlying sentiment remained supported somewhat after a survey showed <span class=\"landLinks\">business<\/span> activity in the euro zone hit a 15-year high in June.<\/p>\n<p>IHS Markit&#8217;s final composite purchasing managers&#8217; index rose to 59.5 from 57.1 in May, hitting its best level since June 26 and coming in above the flash reading of 59.2.<\/p>\n<p>Banks were broadly higher, with Societe Generale rising nearly 1 percent. <\/p>\n<p>Automaker Renault dropped about half a percent. <\/p>\n<\/p>\n<p>Business News<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>CAC 40 Cuts Losses After PMI Data<\/a><br \/>\n<br \/>2021-07-05 09:07:39<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks were subdued in cautious trade on Monday after Health Minister Olivier Veran warned France could be heading for a fourth wave of the pandemic due to the Delta&#8230;<\/p>\n","protected":false},"author":2,"featured_media":11468,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-11467","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11467","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=11467"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11467\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/11468"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=11467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=11467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=11467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}