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CAC 40 futures still in the red this morning just ahead of the opening
Yesterday afternoon an update here noted the really disappointing Q1 results from the French luxury giant, LVMH. Well since then the index futures have rebounded off their worst levels ahead of the opening this morning. That is largely thanks to gains in the DAX and FTSE 100 futures today. So, the CAC had enjoyed a pretty good performance yesterday ahead of those LVMH results. The index had piled on 2.37%, when it closed 168 points hight, at 7,273. However, the futures were knocked back after the LVMH report and right now the index is still priced to open lower. Currently that is around 7,225 and it will as interesting, as it is important, to see how the index fares, when live trading in LVMH resumes shortly
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