{"id":11738,"date":"2021-07-12T09:27:27","date_gmt":"2021-07-12T09:27:27","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/07\/12\/cac-40-edges-lower-as-virus-variants-threaten-recovery\/"},"modified":"2021-07-12T09:27:27","modified_gmt":"2021-07-12T09:27:27","slug":"cac-40-edges-lower-as-virus-variants-threaten-recovery","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/07\/12\/cac-40-edges-lower-as-virus-variants-threaten-recovery\/","title":{"rendered":"CAC 40 Edges Lower As Virus Variants Threaten Recovery"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> French stocks were moving lower on Monday after leaders of the G20 nations admitted that COVID-19 variants could threaten the economic recovery from the pandemic.<\/p>\n<p>In their final statement issued late Saturday, the finance ministers of the world&#8217;s 20 largest economies warned that the global economic recovery is at risk from the rise of new <span class=\"landLinks\">coronavirus<\/span> variants and poor access to vaccines in developing countries.<\/p>\n<p>Investors also awaited cues from the U.S. earnings season, the release of inflation data in several countries, and testimony by Federal Reserve Chair Jerome Powell.<\/p>\n<p>The benchmark CAC 40 dropped 21 points, or 0.3 percent, to 6,508 after climbing 2.1 percent on Friday. <\/p>\n<p>IT consulting group Atos plunged as much as 17 percent after it booked lower-than-expected profitability in the first half and cut financial targets for the year. <\/p>\n<\/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 Edges Lower As Virus Variants Threaten Recovery<\/a><br \/>\n<br \/>2021-07-12 09:27:27<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks were moving lower on Monday after leaders of the G20 nations admitted that COVID-19 variants could threaten the economic recovery from the pandemic. In their final statement issued&#8230;<\/p>\n","protected":false},"author":2,"featured_media":11739,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-11738","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11738","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=11738"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/11738\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/11739"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=11738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=11738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=11738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}