{"id":59367,"date":"2025-05-06T10:21:29","date_gmt":"2025-05-06T10:21:29","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/05\/06\/cac-40-down-nearly-1\/"},"modified":"2025-05-06T10:21:29","modified_gmt":"2025-05-06T10:21:29","slug":"cac-40-down-nearly-1","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/05\/06\/cac-40-down-nearly-1\/","title":{"rendered":"CAC 40 Down Nearly 1%"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> French stocks are exhibiting weakness on Tuesday as continued contraction in the nation&#8217;s services sector activity, and global trade tensions weigh on sentiment.<\/p>\n<p>Investors are awaiting the Federal Reserve&#8217;s monetary policy announcement, due on Wednesday.<\/p>\n<p>The benchmark CAC 40 was down 65.47 points or 0.85% at 7,662.46 a few minutes ago.<\/p>\n<p>ArcelorMittal, Airbus, Hermes International, Stellantis and Kering are down 2 to 2.7%. STMicroElectronics, L&#8217;Oreal, Essilor, Safran, Legrand, LVMH, Societe Generale, Eurofins Scientific, Thales and Saint Gobain are lower by 1 to 1.9%.<\/p>\n<p>TotalEnergies is advancing more than 1%. Teleperformance, Engie, Orange and Carrefour are gaining 0.4 to 0.8%.<\/p>\n<p>On the economic front, the HCOB France Composite PMI for April was revised slightly up to 47.8, from the flash estimate of 47.3, but below March&#8217;s 48.  The latest survey pointed to a continued downturn in economic activity in France for the eighth consecutive month.<\/p>\n<p>The Services Sector PMI dropped to 47.3 in April from 47.9 a month earlier, while the manufacturing sector remained sluggish despite a slight improvement. The manufacturing PMI came in at 48.7, compared to 48.5 in March.<\/p>\n<p>France&#8217;s industrial production growth eased more than expected in March, figures from the statistical office INSEE showed. Industrial output grew only 0.2%  in March from February, when production expanded 1%. Production was expected to climb 0.4%. <\/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 Down Nearly 1%<\/a><br \/>\n<br \/>2025-05-06 10:21:29<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks are exhibiting weakness on Tuesday as continued contraction in the nation&#8217;s services sector activity, and global trade tensions weigh on sentiment. Investors are awaiting the Federal Reserve&#8217;s monetary&#8230;<\/p>\n","protected":false},"author":2,"featured_media":59368,"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-59367","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/59367","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=59367"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/59367\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/59368"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=59367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=59367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=59367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}