France: Stocks Edge Down on Middle East War Uncertainty.
The CAC 40 fell 0.2% to 8,246 on Thursday, marginally trimming the 4.5% surge from yesterday as European markets turned cautious amid fragile US–Iran peace prospects. Tensions lingered as the Strait of Hormuz remained largely disrupted, and Israeli strikes on Lebanon prompted Iran to threaten withdrawal from the deal. US President Trump warned of renewed escalation if a broader agreement fails. Oil prices rebounded on renewed supply disruption fears, lifting bond yields worldwide and reigniting inflation concern. Escalating global risks pressured luxury stocks: LVMH dropped 3%, L'Or