CAC 40 rises 0.69%, Thales shares surge 10%, European defense spending considered

From Nasdaq, Inc.: 2025-03-03 06:12:56

French stocks are up as European leaders consider increased defense spending, with the CAC 40 rising 0.69%. Thales shares surge over 10%, while Dassault Systemes and Airbus Group see gains. Other companies like ArcelorMittal and Safran are also up, while Carrefour and STMicroElectronics are down. In economic news, the HCOB France Manufacturing PMI for February was 45.8, showing a slight improvement. Eurozone inflation eased in February, with the harmonized index of consumer prices up 2.4% annually. Core inflation was 2.6%, and the HCOB Eurozone Manufacturing PMI for February was 47.6.



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