French Stocks
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French Stocks Plummet Amid Snap Election Jitters: Worst Week Since Ukraine Invasion, Yields Hit 12-Year Highs
The French stock market is experiencing a significant downturn, marking its worst weekly performance since late February 2022. This decline comes in the wake of snap election announcements that have injected a wave of uncertainty into the market, particularly impacting banking stocks and broader European financial institutions. The Paris CAC 40 index fell by 2.4% early on Friday, pushing the week’s total decline to 6%, the worst since the Russian invasion of Ukraine. Chart: France Equities Tumble The Most Since Russian Invasion Of Ukraine A Tumultuous Week for French Stocks…