CAC 40 falls to multi-week low amid oil and rate worries
French stocks slid Tuesday, sending the CAC 40 to a multi-week low. Rising oil prices tied to escalating Middle East tensions and expectations of an ECB rate hike pressured sentiment.
French stocks fell on Tuesday, pushing the CAC 40 to a multi-week low. Sentiment was hurt by rising oil prices amid escalating Middle East tensions and prospects of a rate hike by the European Central Bank. Oil prices climbed higher after Iran threatened to retaliate agai…