22.05.2024 10:53:41 - dpa-AFX: CAC 40 Dips Ahead Of Fed Minutes

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - French stocks edged lower on Wednesday
as investors awaited AI chip leader Nvidia's earnings and the release of minutes
of the Federal Reserve's recent meeting for direction.

Waning optimism over Chinese economic recovery and geopolitical uncertainties
also kept investors on the sidelines.

The benchmark CAC 40 was down 46 points, or 0.6 percent, at 8,095 after ending
0.7 percent lower the previous day.

Automaker Renault traded lower despite new car sales in the EU rebounding
sharply in April.

New car registrations rose 13.7 percent year-over-year to 913,995 units in
April, reversing a 5.2 percent fall in March, industry data showed.

Banks traded mixed. BNP Paribas dropped half a percent while Credit Agricole and
Societe Generale both were seeing modest gains.



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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
CAC 40 969400 Paris 7.602,96 19.06.24 13:40:00 -25,84 -0,34% - - 7.617,35 7.628,80
FTSE 100 969378 Financial Times SE 8.205,73 19.06.24 13:40:04 +14,44 +0,18% - - 8.191,29 -
DAX ® 846900 Xetra 18.116,32 19.06.24 13:40:04 -15,65 -0,09% - - 18.131,35 18.131,97
E-STOXX 50 ® 965814 STOXX Ltd. 4.907,62 19.06.24 13:40:00 -7,85 -0,16% 0,000 - 4.913,54 4.915,47

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