The French stock market's benchmark index CAC 40 dropped notably lower on Friday amid concerns about inflation and interest rates as oil prices moved up due to rising tensions in the Middle East.
Weakness in global tech stocks due to AI-driven jitters hurt as well.
Oil prices moved up sharply as Tehran launched strikes against several countries across the Gulf and wider region following a fresh wave of strikes by the U.S. against Iran amidst a row over control of the Strait of Hormuz.
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Market Analysis
September 11, 2026 16:26 ET Consumer prices data was the main news on the economic front in the U.S. this week. In Europe, the latest interest rate decision from the European Central Bank was the focus along with the revised second quarter economic growth data for the euro area. In Asia, the monthly foreign trade data from China drew attention.