2 June 2025, 22:02 France: French Stocks Down Again.
The CAC 40 fell 0.20% to around 7,737 on Monday, extending the previous week’s losing streak to five sessions amid fresh concerns over global trade. US President Trump’s plan to double tariffs on steel and aluminum to 50% from June 4 has drawn criticism from key partners, with the EU warning it risks undermining trade talks. Tensions also rose after China rejected Trump’s claim that it violated last month’s Geneva agreement, clouding hopes of an imminent Trump-Xi talks. Investors are now awaiting the European Central Bank’s next monetary policy decision, with expectations of another rate cut. Domestically, the French government took a notable step by offering €410 million to acquire part of Atos’ former Advanced Computing business, signaling efforts to strengthen the country’s technology infrastructure. Among individual stocks, Stellantis NV (-4.78%), Publicis (-3.80%) and Renault (-3.70%) had the biggest losses, while gains were made by TotalEnergies SE (+1.97%) and Vinci (+1.55%).
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