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Originally published by Capital Businessbusiness
March 3, 2026
5h ago
Paris stocks extend losses amid concerns over geopolitical tensions in Mideast
At around 13:00 p.m. local time, the benchmark CAC 40 index was down 2.71 percent, or 227.75 points, at 8,166.57 points, after having dropped more than 3 percent earlier in the session. On Monday, the CAC 40 had already closed significantly lower, down 186.43 points, losing 2.17 ..
✨ Key Highlights
Paris stocks continued their decline on Tuesday, extending previous losses as geopolitical tensions in the Middle East escalate. The benchmark CAC 40 index saw a significant drop amid heightened market risk aversion.
- The CAC 40 index was down 2.71 percent, or 227.75 points, at 8,166.57 points by 13:00 p.m.
- The United States and Israel launched strikes against Iran, with the Trump administration claiming attacks could last weeks.
- Inflation risks surged as Iran announced the closure of the Strait of Hormuz, causing Brent crude to jump about 9 percent to over 85 U.S. dollars per barrel.
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