Reported 4 days ago
French stocks suffered significant losses in 2024, with the CAC 40 index falling 2.2% amidst political upheaval and economic challenges, while most European and US benchmarks saw double-digit gains. The political situation in France, particularly following President Macron's snap election, exacerbated budget issues and led to a decline in luxury sector stocks as Chinese consumer spending decreased. Analysts suggest that future recovery may hinge on improved political clarity and economic conditions.
Source: YAHOO