{"id":12553,"date":"2021-08-04T09:21:38","date_gmt":"2021-08-04T09:21:38","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/08\/04\/cac-40-rises-on-earnings-optimism-3\/"},"modified":"2021-08-04T09:21:38","modified_gmt":"2021-08-04T09:21:38","slug":"cac-40-rises-on-earnings-optimism-3","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/08\/04\/cac-40-rises-on-earnings-optimism-3\/","title":{"rendered":"CAC 40 Rises On Earnings Optimism"},"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 rose on Wednesday as optimism over the economic recovery and earnings growth outweighed concerns over the spread of the Delta variant in China.<\/p>\n<p>IHS Markit said earlier today that growth in French <span class=\"landLinks\">business<\/span> activity dipped sequentially in July, as disruptions in supplies of materials dented trade in the euro zone&#8217;s second-biggest economy.<\/p>\n<p>The final purchasing managers&#8217; index for the country&#8217;s services sector dropped to 56.8 points in July from 57.8 in June. <\/p>\n<p>The overall composite PMI index, which includes the services and manufacturing sectors, fell to 56.6 points from 57.4 &#8211; slightly below an initial forecast of 56.8.<\/p>\n<p>The benchmark CAC 40 inched up 36 points, or half a percent, to 6,760 after rising 0.7 percent in the previous session.<\/p>\n<p>Thales shares rose 1.5 percent. The aerospace company announced that it was in advanced talks to sell its railway signaling business to Japan&#8217;s Hitachi for around $2 billion. <\/p>\n<\/p>\n<p>Market Analysis<\/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 Rises On Earnings Optimism<\/a><br \/>\n<br \/>2021-08-04 09:21:38<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks rose on Wednesday as optimism over the economic recovery and earnings growth outweighed concerns over the spread of the Delta variant in China. IHS Markit said earlier today&#8230;<\/p>\n","protected":false},"author":2,"featured_media":12554,"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-12553","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12553","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=12553"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/12553\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/12554"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=12553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=12553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=12553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}