CAC 40 Falls on Fiscal Concerns and Political Risks
The CAC 40 fell 0.8% to close at 7,834 on Monday, hitting a 7-month low on concerns over France’s political and fiscal outlook. Opposition parties remain reluctant to compromise with President Macron’s outgoing administration ahead of next year’s election, with far-right candidate Marine Le Pen and far-left Jean-Luc Mé