{"id":7492,"date":"2021-02-11T09:27:21","date_gmt":"2021-02-11T09:27:21","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/02\/11\/cac-40-rises-on-us-stimulus-outlook\/"},"modified":"2021-02-11T09:27:21","modified_gmt":"2021-02-11T09:27:21","slug":"cac-40-rises-on-us-stimulus-outlook","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/02\/11\/cac-40-rises-on-us-stimulus-outlook\/","title":{"rendered":"CAC 40 Rises On US Stimulus Outlook"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> French stocks edged higher on Thursday as the outlook for more global stimulus got a major boost overnight from a surprisingly soft reading on core U.S. inflation.<\/p>\n<p>Federal Reserve Chair Jerome Powell said that the U.S. is still &#8220;very far&#8221; from a strong labor market and more needs to be done. <\/p>\n<p>The benchmark CAC 40 rose 0.2 percent to 5,680 after declining 0.4 percent on Wednesday. <\/p>\n<p>Food company Danone rallied 3 percent after U.S. investment group Artisan Partners added its voice to calls for structural change at the company. <\/p>\n<p>Beverage company Pernod Ricard was moving lower after reporting lower sales and earnings in the first half of its fiscal year.<\/p>\n<p>Cr\u00e9dit Agricole S.A. jumped 5 percent. The bank reported lower provisions and a larger-than-expected return to dividends.<\/p>\n<p>Schneider Electric advanced 1.8 percent. The electrical equipment group proposed a dividend increase despite posting a decline in 2020 net profit.<\/p>\n<p>Total SE shares fell over 1 percent as oil prices took a breather after enjoying the longest winning streak in two years. <\/p>\n<\/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 Rises On US Stimulus Outlook<\/a><br \/>\n<br \/>2021-02-11 09:27:21<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks edged higher on Thursday as the outlook for more global stimulus got a major boost overnight from a surprisingly soft reading on core U.S. inflation. Federal Reserve Chair&#8230;<\/p>\n","protected":false},"author":2,"featured_media":7493,"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-7492","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/7492","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=7492"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/7492\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/7493"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=7492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=7492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=7492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}