{"id":68947,"date":"2026-01-21T10:34:27","date_gmt":"2026-01-21T10:34:27","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/01\/21\/cac-40-down-marginally-danone-tumbles-on-rating-downgrade\/"},"modified":"2026-01-21T10:34:27","modified_gmt":"2026-01-21T10:34:27","slug":"cac-40-down-marginally-danone-tumbles-on-rating-downgrade","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/01\/21\/cac-40-down-marginally-danone-tumbles-on-rating-downgrade\/","title":{"rendered":"CAC 40 Down Marginally; Danone Tumbles On Rating Downgrade"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The French stock market&#8217;s key index CAC 40 slipped into negative territory after a flat start Wednesday morning as investors continued to stay cautious amid trade war jitters following U.S. President Donald Trump&#8217;s tariff threats.<\/p>\n<p>Trump said on Tuesday that he will impose a 200% tariff on Fench wines and Champagnes, a move he claimed would push French President Emmanuel Macron to ?join the Board of Peace initiative aimed at resolving ?global conflicts.<\/p>\n<p>Investors also awaited U.S. President Donald Trump&#8217;s speech at the World Economic Forum in Davos.<\/p>\n<p>The  CAC 40 was down 16.55 points or 0.21% at 8,046.03 a few minutes ago. The index had edged up to 8,076.18 in early trades.<\/p>\n<p>Danone tumbled nearly 6.5%, weighed down by rating downgrades by analysts. Bank of America has reiterated its underperform rating on the stock and slightly lowered its price target.<\/p>\n<p>Euronext lost about 2.25%, while Societe Generale and Unibail Rodamco slipped by 1.7% and 1.6%, respectively. BNP Paribas, AXA, Engie, Bouygues, Schneider Electric and Credit Agricole lost 0.7% to 1%.<\/p>\n<p>Among the gainers, ArcelorMittal climbed 3.6%, Pernod Ricard moved up 3.4% and Renault advanced 2.3%.<\/p>\n<p>Veolia Environment, LVMH, TotalEnergies, Kering, Michelin, STMicroElectronics and L&#8217;Oceal slid 0.6% to 1.1%.<\/p>\n<p>https:\/\/in.investing.com\/indices\/france-40<br \/>https:\/\/live.euronext.com\/en\/product\/indices\/FR0003500008-XPAR#top-performers-indices_2384<br \/>https:\/\/www.marketscreener.com\/news\/danone-plummets-on-the-stock-market-ce7e58dddf80f324 <\/p>\n<\/p>\n<p>Market Analysis<\/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 Marginally; Danone Tumbles On Rating Downgrade<\/a><br \/>\n<br \/>2026-01-21 10:34:27<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The French stock market&#8217;s key index CAC 40 slipped into negative territory after a flat start Wednesday morning as investors continued to stay cautious amid trade war jitters following U.S&#8230;.<\/p>\n","protected":false},"author":2,"featured_media":68948,"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-68947","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/68947","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=68947"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/68947\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/68948"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=68947"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=68947"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=68947"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}