{"id":8907,"date":"2021-04-16T09:20:10","date_gmt":"2021-04-16T09:20:10","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/04\/16\/cac-40-inches-higher-on-recovery-hopes\/"},"modified":"2021-04-16T09:20:10","modified_gmt":"2021-04-16T09:20:10","slug":"cac-40-inches-higher-on-recovery-hopes","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/04\/16\/cac-40-inches-higher-on-recovery-hopes\/","title":{"rendered":"CAC 40 Inches Higher On Recovery Hopes"},"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 Friday as encouraging economic data from the U.S. and China boosted hopes of a swift global economic recovery. <\/p>\n<p>The spread of Covid-19 remained in focus, after France added 300 new deaths Thursday to the previous day&#8217;s tally of 99,777, bringing the total to 100,077 deaths. <\/p>\n<p>The benchmark CAC 40 inched up 18 points, or 0.3 percent, to 6,251 after rising 0.4 percent the previous day. <\/p>\n<p>Cosmetics and beauty products giant L&#8217;Oreal Co. fell nearly 2 percent despite the company posting solid sales growth in the first quarter. <\/p>\n<p>Automaker Renault jumped 3 percent after industry data showed Europe&#8217;s new car registrations surged in March due to last year&#8217;s exceptionally low base of comparison caused by the strict Covid-19 restrictions introduced in most <span class=\"landLinks\">markets<\/span> in March 2020.<\/p>\n<p>Registrations of new passenger cars increased 87.3 percent annually, in contrast to February&#8217;s 19.3 percent decline. <\/p>\n<p>Saint-Gobain rose over 1 percent after it agreed to sell 67 percent of its Pipe <span class=\"landLinks\">business<\/span> in China to a consortium led by local management. <\/p>\n<\/p>\n<p>Market Analysis<\/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 Inches Higher On Recovery Hopes<\/a><br \/>\n<br \/>2021-04-16 09:20:10<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks edged higher on Friday as encouraging economic data from the U.S. and China boosted hopes of a swift global economic recovery. The spread of Covid-19 remained in focus,&#8230;<\/p>\n","protected":false},"author":2,"featured_media":8908,"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-8907","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/8907","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=8907"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/8907\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/8908"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=8907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=8907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=8907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}