{"id":55420,"date":"2025-01-22T09:51:58","date_gmt":"2025-01-22T09:51:58","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/01\/22\/cac-40-rises-to-near-7-month-high\/"},"modified":"2025-01-22T09:51:58","modified_gmt":"2025-01-22T09:51:58","slug":"cac-40-rises-to-near-7-month-high","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/01\/22\/cac-40-rises-to-near-7-month-high\/","title":{"rendered":"CAC 40 Rises To Near 7-month High"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> French stocks are up in positive territory Wednesday morning, tracking positive cues from other <span class=\"landLinks\">markets<\/span> in Europe, amid hopes the European Central Bank will lower interest rate, and that there will be a couple of interest rate cuts by the Federal Reserve this year. <\/p>\n<p>Concerns about imposition of trade tariffs by the Trump administration weigh a bit, limiting market&#8217;s upside. Also, amid a lack of fresh data, investors are slightly hesitant to make significant moves.<\/p>\n<p>The U.S. President has repeated his threat to impose tariffs on imports from European countries. He also said his administration was discussing imposing an additional 10% tariff on goods imported from China, starting in February.<\/p>\n<p>European Union&#8217;s commissioner for the <span class=\"landLinks\">economy<\/span>, Valdis Dombrovskis said today that Europe will respond to any US tariffs in a proportionate way.<\/p>\n<p>Investors are also focusing on the World Economic Forum in Devos, Switzerland.<\/p>\n<p>The benchmark CAC 40 is up 60.00 points or 0.77% at 7,830.95, a near 7-month high.<\/p>\n<p>Schneider Electric and Dassault Systemes are gaining 2.7% and 2.5%, respectively. Renault is up 2.3% and Legrand is advancing 2%.<\/p>\n<p>Essilor, Safran and Bouygues are up 1.8%, 1.6% and 1.5%, respectively. Accor, Eurofins Scientific, Edenred, Hermes International, AXA and Societe Generale are advancing 1 to 1.2%.<\/p>\n<p>Carrefour is down by about 1.4%, hitting a near 7-month low in the process. Vivendi is down 1.2% and ArcelorMittal is declining 0.8%. STMicroElectronics, Credit Agricole, Engie and BNP Paribas are modestly lower. <\/p>\n<\/p>\n<\/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 To Near 7-month High<\/a><br \/>\n<br \/>2025-01-22 09:51:58<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks are up in positive territory Wednesday morning, tracking positive cues from other markets in Europe, amid hopes the European Central Bank will lower interest rate, and that there&#8230;<\/p>\n","protected":false},"author":2,"featured_media":55421,"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-55420","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/55420","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=55420"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/55420\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/55421"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=55420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=55420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=55420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}