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[STOCK MARKET UPDATE] CAC 40 rebounds but caution prevails on international markets

Global financial markets are experiencing mixed dynamics this Thursday, following a rebound on the Paris Stock Exchange but caution among investors on Wall Street and in Asia, particularly regarding oil price trends.

 

In Paris, the CAC 40 started the session up 0.88%, showing significant growth since early trading. After ending the previous session sharply down, the recovery was encouraged by a flood of European corporate results, some of which exceeded expectations, such as STMicroelectronics, Eurofins, and Rémy Cointreau.

 

The opening was also positive in London and Milan, with gains of +0.59% and +0.44% respectively. However, the DAX index in Frankfurt fell by -0.62%.

 

Wall Street influenced by tensions and technology results

 

In the United States, investors were cautious. After the Federal Reserve kept its key interest rates unchanged at its latest meeting, US markets posted mixed results at the close : the S&P 500 ended virtually unchanged at 6,978.03 points, the Dow Jones gained slightly to 49,015.60 points, while the Nasdaq recorded a moderate increase to 23,857.45 points.

 



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Read also > [STOCK MARKET UPDATE] Markets held back by geopolitical uncertainty surrounding Greenland

 

Featured photo : © Getty Images

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Anthony Conan
Graduated as a multimedia journalist in 2019, Anthony Conan has multiplied his experiences, notably as an editorial assistant at TF1 and as a radio journalist at RCF Bordeaux. He specializes in video editing in addition to writing, and has developed a particular interest in economics.

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