CAC 40 drifts lower as inflation, rate-hike worries persist
French equities fell Wednesday, pressured by higher oil prices and rising bond yields. Eurozone inflation acceleration has revived expectations for a European rate hike amid continued Middle East conflict concerns.
BRUSSELS (dpa-AFX) - French stocks fell on Wednesday, hurt by higher oil prices and rising bond yields amid persisting worries about the ongoing conflict in the Middle East.
Additionally, recent data showing an acceleration in Eurozone inflation has raised possibilities of a rate hike by the Europe…