{"id":53896,"date":"2024-12-12T09:19:23","date_gmt":"2024-12-12T09:19:23","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/12\/12\/cac-40-gains-as-macron-prepares-to-appoint-new-pm\/"},"modified":"2024-12-12T09:19:23","modified_gmt":"2024-12-12T09:19:23","slug":"cac-40-gains-as-macron-prepares-to-appoint-new-pm","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/12\/12\/cac-40-gains-as-macron-prepares-to-appoint-new-pm\/","title":{"rendered":"CAC 40 Gains As Macron Prepares To Appoint New PM"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> French stocks eked out modest gains on Thursday as investors wait for President Emmanuel Macron to appoint a new prime minister. <\/p>\n<p>Macron is seeking a political deal that would allow him to both name a new prime minister and &#8220;guarantee the stability of the country,&#8221; a spokesperson for the outgoing government said Wednesday and insisted there was at the moment no &#8220;broader&#8221; political alliance than the current one between his centrist allies and conservatives from the Republicans party.<\/p>\n<p>Investors also seek direction from a European Central Bank rate decision later in the day. <\/p>\n<p>The benchmark CAC 40 was up 12 points, or 0.2 percent, at 7,435 after closing 0.4 percent higher on Wednesday. <\/p>\n<p>In corporate news, semiconductor company STMicroelectronics rose about 1 percent after forging a strategic collaboration with Quobly, a French quantum computing startup. <\/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 Gains As Macron Prepares To Appoint New PM<\/a><br \/>\n<br \/>2024-12-12 09:19:23<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks eked out modest gains on Thursday as investors wait for President Emmanuel Macron to appoint a new prime minister. Macron is seeking a political deal that would allow&#8230;<\/p>\n","protected":false},"author":2,"featured_media":53897,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-53896","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\/53896","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=53896"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/53896\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/53897"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=53896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=53896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=53896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}