24 February 2026, 12:09 France: Equities Extend Losses.
The CAC 40 index fell 0.2% to around 8,480 on Tuesday, extending losses from the prior session, as investors remained cautious amid concerns over latest US tariff threats, while financials plunged, following a Wall Street overnight selloff. A new blanket tariff from US President Donald Trump, set to take effect this week, heightened uncertainties over last year’s trade deals, prompting the European Parliament to postpone a vote on the US-Europe agreement for a second time. Banking stocks led sector declines, driven by concerns that newer AI models could disrupt traditional business lines. BNP Paribas dropped 2.2%, while Societe Generale fell 1.7%. Adding to the cautious tone, data showed that France’s industrial outlook weakened slightly in February and came in below forecasts. Meanwhile, vouchers and benefit cards provider Edenred rose 1.4% on stronger-than-expected 2025 core earnings, while car parts supplier Forvia jumped 2.2% after projecting a 6–6.5% operating margin for 2026.
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