{"id":14632,"date":"2021-10-04T09:18:39","date_gmt":"2021-10-04T09:18:39","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/10\/04\/cac-40-retreats-on-growth-concerns\/"},"modified":"2021-10-04T09:18:39","modified_gmt":"2021-10-04T09:18:39","slug":"cac-40-retreats-on-growth-concerns","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/10\/04\/cac-40-retreats-on-growth-concerns\/","title":{"rendered":"CAC 40 Retreats On Growth Concerns"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> French stocks were moving lower on Monday as concerns about slowing growth and persistently high inflation kept investors on edge. <\/p>\n<p>Market participants were closely watching beleaguered developer China Evergrande, whose shares were suspended in Hong Kong ahead of an announcement about a major transaction. <\/p>\n<p>Eurozone finance ministers will meet in Luxembourg later today, with matters including the EU&#8217;s recovery plans as well as progress on the much-delayed banking union project on the agenda. <\/p>\n<p>The benchmark CAC 40 slipped 37 points, or 0.6 percent, to 6,480 after finishing marginally lower on Friday.<\/p>\n<p>Banks BNP Paribas, Credit Agricole and Societe Generale fell over 1 percent while automaker Renault was down more than 2 percent. <\/p>\n<p>Luxury stocks were moving lower on concerns that regulatory clampdowns and a collapse at Evergrande could hurt an already fragile Chinese <span class=\"landLinks\">economy<\/span> and drag on global growth. Kering shed 0.8 percent and LVMH was down 0.3 percent. <\/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 Retreats On Growth Concerns<\/a><br \/>\n<br \/>2021-10-04 09:18:39<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks were moving lower on Monday as concerns about slowing growth and persistently high inflation kept investors on edge. Market participants were closely watching beleaguered developer China Evergrande, whose&#8230;<\/p>\n","protected":false},"author":2,"featured_media":14633,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-14632","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-euro-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/14632","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=14632"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/14632\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/14633"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=14632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=14632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=14632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}