CAC 40 Down 1.7% On Stocks Fall On Tariff Jitters

RTTNews | 1 day ago
CAC 40 Down 1.7% On Stocks Fall On Tariff Jitters

(RTTNews) - The French stock market is down sharply a little past noon on Monday with investors pressing sales almost across the board amid rising fears of a global trade war following the U.S. President Donald Trump that he will likely impose duties on "essentially all" of the U.S.'s trading partners.

France's Trade Minister Laurent Saint-Martin has stressed that Europe must not be "pushed around" in a trade conflict it did not seek.

The benchmark CAC 40 was down 133.04 points or 1.68% at 7,783.04 a little while ago.

Among the constituents of CAC 40, only Orange is up in positive territory, gaining a little over 1%.

Teleperformance is down more than 5%. Societe Generale, Capgemini, Saint Gobain, Stellantis, Kering, Publicis Groupe and STMicroElectronics are declining 3 to 4%.

LVMH, Pernod Ricard, Renault, Schneider Electric, Accor, Michelin, Dassault Systemes, BNP Paribas, Airbus, Eurofins Scientific, ArcelorMittal, Edenred, Legrand, Sanofi and Hermes International are down 2 to 3%.

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Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Wednesday, following the mixed cues from Wall Street overnight, as traders remain cautious as uncertainty prevails over the size and the scope of new reciprocal tariffs on imports to the US to be announced later in the day. Some traders also continue to pick up stocks at a bargain after heavy selling in the previous sessions.
RTTNews | 4h 25min ago
Australian Market Trims Early Gains In Mid-market

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RTTNews | 5h 12min ago
Japanese Market Modestly Lower

Japanese Market Modestly Lower

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RTTNews | 6h 40min ago
Australian Market Modestly Higher

Australian Market Modestly Higher

Australian shares are trading modestly higher on Wednesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 moving well above the 7,900 level, following the mixed cues from Wall Street overnight, with gains in financial and technology stocks partially offset by weakness in mining and energy stocks.
RTTNews | 6h 58min ago
Australia Building Approval Data Due On Wednesday

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RTTNews | 9h 57min ago
U.S. Dollar Drops Ahead Of Trump's Tariffs

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The U.S. dollar fell against its major counterparts in the New York session on Tuesday after weak economic data, while investors awaited more details on U.S. President Donald Trump's reciprocal tariff announcements set to be announced on Wednesday.
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Canadian Market Modestly Higher In Cautious Trade

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The Canadian market is up in positive territory in cautious trade on Tuesday, with investors making some selective purchases ahead of the launch of fresh tariffs by the Trump Administration.
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