Stock market Europe consolidates after records linked to Nvidia







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PARIS (Reuters) – European stock markets opened on a mixed note on Friday, consolidating after the records hit the day before following the publication of Nvidia’s results.

In Paris, the CAC 40 is stable at 7,918.85 points around 08:35 GMT. In Frankfurt, the Dax is also unchanged while the FTSE in London gains 0.16%.

The pan-European FTSEurofirst 300 index gains 0.16%, the EuroStoxx 50 and the Stoxx 600 move around balance.

Futures on New York indices suggest a mixed opening on Wall Street, with the Dow Jones, Standard & Poor’s 500 and Nasdaq showing no clear variations.

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The results of artificial intelligence heavyweight Nvidia, published Wednesday after the close, caused the markets to jump on Thursday. The theme is in fact one of the main bets of investors in 2024, and the chip manufacturer reassured by explaining during its results that the economy was “at a tipping point” with AI.

Traders rushed into risky assets after the group’s announcements, taking several of the world’s major indices to record highs last session.

In terms of values, Bouygues lost 0.98%, among the worst performances on the CAC 40, after signing an exclusivity agreement for the takeover of La Poste Telecom.

Alten fell 0.92% after annual results considered disappointing.

(Written by Corentin Chappron, edited by Blandine Hénault)











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