End of a slump? After three successive days of depreciation, CAC was up 89.91 points today

Published: May 26 2023, 21:50 GMT+0

End of a slump? After three successive days of depreciation, CAC was up 89.91 points today

Today at a glance: CAC rose 89.91 points to close at 7,319.18 today which makes for a move of 1.24%.

On the flip side, Germany GDP fell short of the -0.1 projections, with new data of -0.3.

At the same time, Euro Zone CFTC EUR speculative net positions released today at 20:30 UTC with a figure of 173,700, while the previous figure was 187,100. France France Jobseekers Total came out at 2.80 million.

CAC 40 shows positive signs, other assets are also on par: Nasdaq is trading around 12,976 after ending today's session at 12,700 (up 2.19% today). S&P 500 is trading around 4,205.45 after ending today's session at 4,151.28 (up 1.3% today).

At the same time, Hang Seng dips 1.93% today and closed at 19,100.

The index has been trending lower for about a month. CAC 40 hit a significant low of 15.42 around 8 months ago, but has since recovered 46,782%.

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