French stocks were slightly lower on Tuesday, with fears about the sustainability of the country’s finances back in the spotlight.
Media reports suggest that the executive is mulling a range of plans to reduce the public deficit, including a temporary tax on companies making more than €1 billion per year.
Earlier today, France’s manufacturing PMI posted a slight rise in September but still pointed to a downturn in the industrial sector at the end of Q3.
The benchmark CAC 40 was down 0.1 percent at 7,627 after losing 2 percent the previous day.
Eurozone inflation figures along with the U.S. ISM manufacturing PMI and JOLTS job openings data may garner investor attention as the day progresses.
CAC 40 Edges Lower In Lackluster Trade
2024-10-01 08:59:55
