French Stocks Close at Record as Earnings Counter Debt Concerns

French stocks set an all-time high as strong corporate earnings offset concerns about the country’s political turmoil and its credit outlook.

The CAC 40 index in Paris advanced 0.6% to 8,258.86 points at the close on Tuesday, surpassing its previous peak reached before President Emmanuel Macron shocked markets by calling snap parliamentary elections in mid-2024.