French stocks lost roughly $200 billion in market capitalization — or about the size of Greece’s economy — this week following President Emmanuel Macron’s decision to call a snap election. The CAC 40 Index has now erased all gains for 2024. That’s weighed on the pan-European Stoxx 600 benchmark, which […]
CAC 40 Index
French stocks this week lost roughly $220 billion in market capitalization, about the size of Greece’s economy, following President Emmanuel Macron’s decision to call a snap election. The CAC 40 index dropped 3%, erasing all gains for 2024. That’s weighed on the pan-European Stoxx 600 benchmark, which is set for […]
French stocks lost about $210 billion in market capitalization this week, about the size of Greece’s economy, following President Emmanuel Macron’s decision to call a snap election. The CAC 40 index erased all gains for 2024. That’s weighed on the pan-European Stoxx 600 benchmark, which had its worst week since […]
European stocks slumped as investors worried about the potential impact of rising political risk in France. The Stoxx Europe 600 Index slipped 1.3% by 3:34 p.m. in London. France’s CAC 40 Index sank 2%. The country’s bonds also declined, driving yields over safer German peers to the highest level in […]