CAC 40 Declines As Trump Threatens Europe With Tariffs

2024-12-19 3183
(fxcue news) - French stocks traded sharply lower on Friday as the U.S. faced a government shutdown after President-elect Donald Trump abruptly rejected a bipartisan plan. Tariff worries also spooked markets after U.S. President-elect Donald Trump warned the European Union to buy more U.S. oil and gas or face tariffs. The benchmark CAC 40 dropped 98 points, or 1.4 percent, to 7,196 after declining 1.2 percent on Thursday. In corporate news, Credit Agricole declined 1.6 percent after the bank announced the acquisition of Santander's 30.5 percent stake in CACEIS, its asset servicing subsidiary. Drug major Sanofi fell 1.1 percent after it agreed to acquire CORXEL's rights relating to aficamten in Greater China for an undisclosed amount.
Sign In via X Google Sign In via Google
This page link:http://www.fxcue.com/342936.html
Tips:This page came from Internet, which is not standing for FXCUE opinions of this website.
Statement:Contact us if the content violates the law or your rights

Please sign in

关注我们的公众号

微信公众号