Monday December 16, 2024. The Paris Stock Exchange is the bottom of the markets, a consequence of the dissolution; the CAC 40 lost 2%, while the German index gained 22%, the European index 10%. The Italian index is up 15%, Spain 16%, UK 7%. Wall Street indices are breaking their records: Dow Jones +16%, Nasdaq +33%, S&P500 +27%. In Asia, Hong Kong gained 16% and China recovered +12%. Israel takes 26%, Turkey 18% and Iran 4.29%. The star values show spectacular increases: Tesla + 77%, Nvidia + 171%, Bitcoin exceeding $100,000 is up 141% since January 1 while Gold is “content” with an increase of 28 %, while Brent lost 4%. For the CAC 40, the end-of-year situation is very different, with several stocks down more than 30% and even 40%; However, Accor, St Gobain and Schneider manage to gain more than 30%. There are around ten sessions left before the end of the year and the Paris Stock Exchange can still gain a few points, but the gap with the other markets, in particular with its European counterparts, will remain high, as will the gap between interest rates. 10 years French and German, to date 0.76. And now a new hard blow arrived on Friday after the market with the downgrading of the French debt by one notch by Moody’s… On Monday, the Cac lost 0.02% at the opening (7408).
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