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French stocks were a tad lower on Thursday after the U.S. Federal Reserve raised rates by 25 bps, as widely expected, and signaled it may pause further rate increases depending on incoming data.
The CAC-40 traded with gains on Wednesday amidst renewed hopes of the Fed pausing on rate hikes. Positive earnings updates also helped shore up sentiment..
French stocks were subdued on Tuesday as traders returned to their desks after a long holiday weekend. The benchmark CAC 40 was down 0.4 percent at 7,464 in lackluster trade.
European stocks were moving lower on Tuesday as trading resumed after a three-day holiday break. Growth worries resurfaced after data showed China's manufacturing activity contracted in April.
French stocks rose slightly on Thursday and the euro hovered near a one-year high against the dollar as Europe's resilient economy contrasted with the baking turmoil and an impending recession in the United States.