{"id":9354,"date":"2021-04-29T09:18:10","date_gmt":"2021-04-29T09:18:10","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/04\/29\/cac-40-rises-on-strong-earnings\/"},"modified":"2021-04-29T09:18:10","modified_gmt":"2021-04-29T09:18:10","slug":"cac-40-rises-on-strong-earnings","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/04\/29\/cac-40-rises-on-strong-earnings\/","title":{"rendered":"CAC 40 Rises On Strong Earnings"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> French stocks advanced on Thursday after Federal Reserve Chairman Jerome Powell reiterated that the U.S. central bank would not trim asset purchases until &#8220;substantial further progress&#8221; is made on employment and inflation goals.<\/p>\n<p>Sentiment was also bolstered as Apple and Facebook delivered soaring profits and U.S. President Joe Biden unveiled details of his stimulus plans.<\/p>\n<p>The benchmark CAC 40 rose 34 points, or 0.6 percent, to 6,341 after gaining half a percent on Wednesday. <\/p>\n<p>Total SE shares rose nearly 2 percent after the petroleum refining company posted first-quarter earnings close to pre-pandemic levels.<\/p>\n<p>Planemaker Airbus surged 2.4 percent after it posted higher first-quarter core earnings.<\/p>\n<p>Capgemini advanced 1.7 percent after the consulting and <span class=\"landLinks\">technology<\/span> group returned to organic growth in the first quarter of the year.<\/p>\n<p>Automaker Renault fell 2.7 percent after U.S. carmaker Ford slashed its full-year forecast, citing a global semiconductor shortage. <\/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 Rises On Strong Earnings<\/a><br \/>\n<br \/>2021-04-29 09:18:10<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks advanced on Thursday after Federal Reserve Chairman Jerome Powell reiterated that the U.S. central bank would not trim asset purchases until &#8220;substantial further progress&#8221; is made on employment&#8230;<\/p>\n","protected":false},"author":2,"featured_media":9355,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":["post-9354","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9354","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=9354"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/9354\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/9355"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=9354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=9354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=9354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}