The CAC 40 should open slightly lower, the American economy raises doubts


PARIS (Agefi-Dow Jones)–The Paris Stock Exchange should open slightly lower on Tuesday, penalized by renewed concerns about growth in the United States.

At 8:30 a.m., the CAC 40 futures contract lost 11 points, or 0.2%, according to data from broker IG.

The New York Stock Exchange consolidated its gains on Monday and closed slightly lower, after being buoyed last week by the resolution of the US debt crisis and by the continued strength of the job market in the United States.

“The trend on Wall Street was clearly slowed down on Monday by the weakness of the activity index (ISM) in the services sector across the Atlantic in May, which revived fears of a recession in the United States” , notes Jim Reid, strategist at Deutsche Bank.

On the side of the member companies of the SBF 120 index, Sycomore Asset Management on Monday proposed the candidacy of Leo Apotheker, former boss of the American Hewlett-Packard and the German SAP, for the chairmanship of the group’s board of directors. of Atos IT services, replacing Bertrand Meunier.

The engine manufacturer and aeronautical equipment manufacturer Safran announced on Monday evening that it was in discussions about the acquisition of certain flight control and actuation activities from the American group Raytheon Technologies, as part of a competitive process.

Antin holds its annual general meeting on Tuesday.

-Pierre-Jean Lepagnot, Agefi-Dow Jones +33 (0)1 41 27 47 95; [email protected] ed: LBO

Agefi-Dow Jones The financial newswire

Dow Jones Newswires

June 06, 2023 02:39 ET (06:39 GMT)



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