On Thursday morning, French stocks are experiencing a mixed performance as investors proceed cautiously in the absence of fresh data. Concerns are emerging over rising U.S. bond yields, potential tariffs linked to Trump's presidency, and prospects for interest rate cuts, creating some pressure on the market.
Trading volumes are thinner than usual due to the closure of U.S. markets; this is in observance of former U.S. President Jimmy Carter, who passed away at the age of 100 in late December. A state funeral is being held today for the nation's 39th president.
The CAC 40 index, after hitting a low of 7,029.91, has gradually rebounded to 7,046.18, marking an increase of 12.76 points, or 0.17%.
STMicroElectronics has declined by approximately 5.6%. Other notable declines include Renault, Michelin, Unibail-Rodamco, Société Générale, Stellantis, and Thales, which are down between 1% and 2%.
Conversely, Safran has gained nearly 1.5%, and ArcelorMittal is up by 1.2%. Publicis Groupe, Teleperformance, Eurofins Scientific, and Edenred are also posting gains, ranging from 0.7% to 1%.
According to data from Eurostat, Eurozone retail sales saw a modest increase of 0.1% in November compared to the previous month. Additionally, retail sales were up by 1.2% year-over-year in November.
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