{"id":12013,"date":"2021-07-20T09:07:04","date_gmt":"2021-07-20T09:07:04","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/07\/20\/cac-40-rebounds-led-by-banks\/"},"modified":"2021-07-20T09:07:04","modified_gmt":"2021-07-20T09:07:04","slug":"cac-40-rebounds-led-by-banks","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/07\/20\/cac-40-rebounds-led-by-banks\/","title":{"rendered":"CAC 40 Rebounds Led By Banks"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> French stocks rebounded on Tuesday after suffering heavy losses in the previous session on worries about the impact on growth from spiking COVID-19 cases and high inflation.<\/p>\n<p>U.S. President Joe Biden on Monday said an increase in inflation was expected to be temporary and he expects the Federal Reserve to take action if needed.<\/p>\n<p>The benchmark CAC 40 index jumped 71 points, or 1.1 percent, to 6,367 after plunging 2.5 percent the previous day. <\/p>\n<p>Banks advanced, with BNP Paribas, Credit Agricole and Societe Generale all climbing around 2 percent. <\/p>\n<p>Alstom soared 3.3 percent. The speed-train maker reported that its first-quarter sales surged 146 percent to 3.7 billion euros from last year&#8217;s 1.51 billion euros. <\/p>\n<p>The company expects mid-term sales between 2021 and 2025 at compound annual growth rate over 5 percent supported by strong market momentum and unparalleled 74.5 billion euros backlog securing about 30 billion euros of sales over the next three years. <\/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 Rebounds Led By Banks<\/a><br \/>\n<br \/>2021-07-20 09:07:04<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks rebounded on Tuesday after suffering heavy losses in the previous session on worries about the impact on growth from spiking COVID-19 cases and high inflation. U.S. President Joe&#8230;<\/p>\n","protected":false},"author":2,"featured_media":12014,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-12013","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12013","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=12013"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12013\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/12014"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=12013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=12013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=12013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}