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CAC 40 Up 0.7%; STMicroelectronics Soars On Revenue Upgrade

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

Despite ongoing concerns about Middle East tensions, France's equity benchmark CAC 40 was up firmly in positive territory a little before noon on Tuesday, led by strong gains in chipmaker STMicroelectronics. U.S. President Donald Trump's remarks confirming ongoing U.S.-Iran talks and that he had persuaded Israel and Hezbollah to dial back fighting, appeared to aid sentiment to some extent.Meanwhil...

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Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

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