France's benchmark index CAC 40 drifted lower on Monday as stocks from across several sectors fell on selling pressure as U.S.-Iran peace talks failed following U.S. President Donald Trump rejecting Iran's latest proposal to end the conflict. Higher crude oil prices weighed as well on sentiment.
Iran said it would continue using both "the weapon of diplomacy" and military resistance whenever it considers necessary to protect national interests.
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Market Analysis
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.