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European Market Updates

CAC Modestly Lower On Weak Global Cues; Engie Rises On Upbeat Earnings

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

The French stock market is down in negative territory Thursday morning as fresh tariff threats by U.S. President Donald Trump render the mood bearish. The market is also digesting a slew of corporate earnings updates.

The U.S. President announced on Wednesday that he would impose a 25% tariff on European cars and other goods imported into America.

The benchmark CAC 40, which dropped to 8,075.27 in early trades, was down 20.69 points or 0.25% at 8,123.23.

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Market Analysis

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

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