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CAC 40 Recovers After Early Setback, But Remains Weak

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

After an early setback that resulted in the benchmark CAC 40 losing over 100 points, the French market recovered and briefly moved above the flat line on Friday.

Concerns about high tech valuations have resurfaced despite US chipmaker Nvidia's strong earnings and update. Uncertainty about Federal Reserve's interest rate move in December also hurt the market early on. However, flash estimates showing an expansion in French services sector activity aid sentiment.

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Global Economics Weekly Update: April 20 – April 24, 2026

April 24, 2026 15:15 ET
Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.