CAC 40 Down Nearly 1% On Rising Oil Prices, Bond Yields
The CAC 40 index fell nearly 1% on Wednesday, pressured by rising oil prices linked to geopolitical tensions and increasing bond yields due to political uncertainty in France.
French stocks declined on Wednesday as rising oil prices linked to geopolitical tensions pressured sentiment. Bond yields also moved higher on concerns over political uncertainty in France, adding to the weak tone. Oil prices extended gains from the previous session on fears Iran…