French Stocks Rise
The CAC 40 gained ground, rising 0.6% to around 8,190 on Tuesday, in line with most European peers, buoyed by tech stocks amid renewed optimism about AI. Moreover, oil prices resumed their slide on speculation that Iran might reopen the Strait of Hormuz if the US lifts its blockade of its ports. Markets are awaiting Thursday's Trump-Xi meeting, while the US president is due to speak at the UN later today, with some diplomatic impetus expected. Arcelormittal(+2.6%) led gains among stocks, followed by Capgmeni (+2%) and Stmicroelectronics (+1.7%).
6% to around 8,190 on Tuesday, in line with most European peers, buoyed by tech stocks amid renewed optimism about AI. Moreover, oil prices resumed their slide on speculation that Iran might reopen the Strait of Hormuz if the US lifts its blockade of its ports. Markets are awaiting Thursday's Trump-Xi meeting, while the US president is due to speak at the UN later today, with some diplomatic impetus expected. 7%).