France's equity benchmark CAC 40 drifted lower on Tuesday as fading hopes for a U.S.-Iran peace deal and rising oil prices weighed on sentiment.
U.S. President Donald Trump said the fragile ceasefire between Washington and Tehran was on "massive life support," raising fresh doubts over the chances of a lasting truce.
Brent crude futures climbed to $107.60 a barrel, gaining nearly 3%
The CAC 40, which fell to 7,962.75 earlier in the session, losing nearly 100 points in the process, was down 48.09 points or 0.6% at 8,008.29 nearly half an hour past noon. 8,008.29
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Market Analysis
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.