France's equity benchmark CAC 40 fell sharply on Friday, as stocks tumbled on concerns about the conflict in the Middle East, and disappointment over a lack of concrete outcome so far from the U.S.-China summit in Beijing.A bit of profit taking after recent gains contributed as well to market's decline.Concerns about Hormuz Strait linger despite Iran's Revolutionary Guards' claim that around 30 ve...
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Market Analysis
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.