cac40index
The CAC 40 index continued its freefall on Friday as traders focused on the upcoming election in France. The index, which tracks the 40 biggest companies in the country, tumbled to €7,500, its lowest point since January 26th. It has dropped by over 9% from its highest point this year and is approaching a technical recession. France election aheadThe CAC 40 index has tumbled after Emmanuel Macron suffered a major embarrassment in European elections earlier this month. The big loss pushed him to call an election that will happen on Sunday and one that could see Marin Le Pen’s party win the major...
Invezz
May has had an interesting star performer so far in European indices like the Euro Stoxx 50, German DAX and French CAC 40. All three are continuing an upbroken positive run since the beginning of this month, with the FTSE 100 also doing well. The German DAX is up 4.4% this month, while the CAC 40 is up 3.2% and the Euro Stoxx 50 is up 3% in May so far. But what is causing these rallies? And will they continue? We spoke to David Morrison, analyst at Trade Nation, to find out more. Edited excerpts: How are the Euro Stoxx 50, German DAX and French CAC performing this week so far?The Euro Stoxx 50...
Invezz
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