PARIS (Reuters) – The main European stock markets are trading in mixed order on Wednesday at the start of the session, with caution prevailing at the start of the year after the strong rally at the end of 2023.
In Paris, the CAC 40 lost 0.29% to 7,508.66 points around 08:30 GMT. In London, the FTSE 100 gained 0.26%, favored by the progression of pharmaceutical stocks, and in Frankfurt, the Dax advanced by 0.05%.
The EuroStoxx 50 index is down 0.21%, the FTSEurofirst 300 is up 0.21% and the Stoxx 600 is practically unchanged.
In terms of values, Atos advances by 1.6% after having climbed up to 12% at the very start of the session following the announcement of new discussions with Airbus (-0.46%) for the repurchase of the entire its BDS division.
The rise in bond yields continues to put pressure on the technology sector, whose Stoxx index fell by 0.76%.
Ryanair drops more than 3% after warning that certain online travel agencies had stopped offering its flights for sale.
On the macroeconomic side, investors will closely follow the publication in the evening of the minutes of the latest monetary policy meeting of the Federal Reserve. Before that, the American ISM manufacturing index and the JOLTS survey on job offers will be published in the afternoon.
(Written by Blandine Hénault, edited by Kate Entringer)
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