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Cautious sentiment ruled markets<\/span> amidst fears of whether the current ceasefire between Israel and Iran would guarantee long-term peace. Concerns about the monetary policy stance by the Fed also weighed on sentiment ahead of testimony by Fed Chair Jerome Powell.<\/p>\n The index that tracks the 40 largest French stocks based on the Euronext Paris has declined more than quarter percent on Wednesday after a more than 1-percent surge on Tuesday. <\/p>\n The CAC-40 is currently trading at 7,588.77, shedding 0.36 percent from the previous close of 7,615.99. The day’s trading has been between 7,658.50 and 7,576.87. <\/p>\n With the reversal in sentiment, only 13 scrips in the index are trading above the flatline. <\/p>\n Stellantis topped gains with an addition of 4.1 percent. Accor and Thales, both gained more than 1 percent. <\/p>\n Danone topped losses with a decline of more than 2 percent. Societe Generale, Publicis Groupe, L’Oreal and Schneider Electric, all declined more than 1 percent.<\/p>\n Caution in the market lifted the dollar and the dollar index around quarter percent higher to 98.09. Amidst the dollar’s strength, the EUR\/USD pair has slipped 0.06 percent to 1.1602. The pair ranged between 1.1631 and 1.1591. The EUR\/GBP pair has edged up 0.04 percent to 0.8527. The EUR\/JPY pair has increased 0.53 percent to trade at 169.15. <\/p>\n Bond yields in France hardened, albeit lower than its peers. Yields on France’s 10-year bonds hardened 0.37 percent to 3.255 percent, versus the level of 3.243 percent at the previous close. Yields ranged between 3.257 percent and 3.196 percent. <\/p>\n<\/p>\n Business News<\/p>\n<\/div>\n