CAC 40 (^FCHI)
| Previous close | 5,918.50 |
| Open | 5,906.18 |
| Volume |
| Day's range | 5,765.65 - 5,913.71 |
| 52-week range | 5,756.38 - 7,384.86 |
| Avg. volume | 70,042,446 |
- Investing.com
European Stocks Lower; Macroeconomic Outlook Looks Bleak
European stock markets weakened Friday, as investors digested a series of interest rate hikes in the region ahead of a fiscal update by the new U.K. administration. European equities are heading for deep weekly losses as rising interest rates across the globe threaten to sharply curtail economic growth, weighing on risk appetite. The Bank of England hiked its benchmark interest rate by 50 basis points on Thursday, its seventh consecutive rise, the Swiss National Bank ended its period of negative rates, while the Norges Bank in Norway also hiked by 50 basis points and pointed to more hikes ahead.
- Investing.com
European Stock Futures Mixed; U.K. Set to Deliver 'Mini Budget'
European stock markets are expected to open in a mixed fashion Friday, as investors digest a series of interest rate hikes ahead of a fiscal update by the new U.K. administration. At 02:00 ET (06:00 GMT), the DAX futures contract in Germany traded 0.3% lower, CAC 40 futures in France dropped 0.3%, while the FTSE 100 futures contract in the U.K. rose 0.2%. European equities are heading for deep weekly losses as rising interest rates across the globe threaten to sharply curtail economic growth, weighing on risk appetite.
- Investing.com
European Stocks Sharply Lower; BOE, SNB Set to Follow Fed's Lead
European stock markets traded sharply lower Thursday as investors digested another large interest rate hike by the U.S. Federal Reserve, likely setting the scene for aggressive monetary tightening by the Bank of England and the Swiss National Bank. The U.S. central bank lifted rates by 75 basis points on Wednesday as widely expected, and pointed to more rate hikes ahead, a steeper and longer trajectory than markets had priced in. Fed Chair Jerome Powell said the central bank is now willing to risk weakness in the economy as it moves to rein in inflation.
