CAC 40 Slips Into Red As Investors Brace For A Busy Week Ahead
(RTTNews) - French stocks were moving lower on Monday ahead of a busy week of earnings, economic data releases and central bank meetings.
Growth worries resurfaced after China reported disappointing data as a result of strict COVID-19 lockdowns.
China's official manufacturing purchasing managers' index (PMI) fell to 49.2 in October from 50.1 in September, and the non-manufacturing PMI, which measures business sentiment in the services and construction sectors, dropped to 48.7 from 50.6 in September as virus disruptions worsened and export orders remained under pressure, separate reports showed.
The benchmark CAC 40 fell 23 points, or 0.4 percent, to 6,249 after gaining half a percent on Friday.
The U.S. dollar edged higher ahead of central bank meetings due this week in Australia, the United States and the U.K.
French Consumer Sentiment Weakest Since 2023
European Shares Decline Amid French Uncertainty
Asian Shares Slip After Trump's Tariff Threats
Indian Rupee Falls To More Than 4-week Low On Tariff Worries
Antipodean Currencies Fall Amid Risk-off Mood
NZ Dollar Slides Against Majors
Australian Dollar Falls Against Majors
