Stocks fall as France awaits Moody's verdict on its debt
Global stock markets traded lower on Friday after a week of volatility marked by renewed pressure on tech stocks, high energy prices and persistent inflation concerns, amid an earnings season in which many companies are struggling with a difficult economic environment. In Europe, Paris fell 0.79%, Frankfurt 0.92%, London 0.53% and Milan 0.47%, while Wall Street futures pointed to a negative open. French debt stabilized at 5.07% on the ten-year yield ahead of Moody's decision on the country's rating.
In 40 seconds
- Paris fell 0.79%, Frankfurt 0.92%, London 0.53% and Milan 0.47% around 12:15 GMT; Wall Street futures pointed to a negative open.
- The French ten-year bond yield stabilized at 5.07%, after exceeding 5% for the first time since 2002.
- The spread against German debt widened beyond 1.73 points, a level not seen since 2011.
IASummary generated by artificial intelligence from a story by RFI. It may contain errors: the original source prevails.




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