(BFM Stock Exchange) – The Paris Stock Exchange ends slightly down this Wednesday, trying to gauge the risk of a more marked trade conflict between Washington and Beijing. The CAC 40 fence with 0.2%withdrawal, the results of totalnergies and agricultural credit that made it possible to play the shock absorbers.

The Paris Stock Exchange has resumed the drop, not very inspired. In decline of 0.19%, the CAC 40 returns under 7,900 points, at 7,891.68 points, this Wednesday, February 5.

The market continues to assess the consequences of exchanges to say the least, between China and the United States on customs surcharge. President Donald Trump signed a decree establishing customs from 10% on Chinese imports on Saturday.

This without too much surprise provoked the ire of Beijing which replied by establishing customs surcharges on imports of liquefied natural gas and American coal.

New twist this Wednesday: American postal services announced Tuesday that they would no longer accept “until further notice” packages from China and Hong Kong. The American post then returned to its decision, in the early afternoon.

American tech in the hard

“Two information published this morning should continue to maintain nervousness on American technological values ​​according to the Financial Times, Europe would prepare to attack the American Big Techs in retaliation for customs measures and according to Bloomberg, China would consider Open an investigation against Apple… “, also underlines, Alexandre Baradez, market analyst at IG.

At Wall Street, Apple currently gives in 1.40% in reaction to this press information concerning the opening of a Chinese survey against the apple brand.

Still on the side of American tech, Alphabet is hard. The action of Google’s parent company drops 7% while the company has published disappointing quarterly income. The sanction is even more severe for AMD which drops 10% after quarterly performance and disappointing forecasts for its Data Centers division.

In -shape Valneva

In France, investors are also busy dissecting the many results published Tuesday evening or this Wednesday morning. Totalenergies and Crédit Agricole SA, who delivered their accounts from the fourth quarter, earned 1.7% and 0.8% respectively.

Renault sold 2.6% weighed down by press information reporting that the merger between its partner Nissan and Honda is on the way.

Valneva jumped 17% after obtaining an authorization to market its anti-chikungunya vaccine in the United Kingdom.

In other markets, the euro takes 0.4% against the dollar at $ 1.0,415. Oil drops more than 2% after a significantly higher than expected increase in American oil stocks. The April contract on the Brent de Mer of the North abandons 2.1% to $ 74.63 a barrel while that of March on the WTI listed in New York gives 2.3% to $ 71.10 a barrel.