The major stock exchanges of Geria Epirus ended yesterday’s session higher on favorable news from the luxury and high fashion sectors and heavy industry groups. This factor spurred shares of the Paris Stock Exchange index, as a result of which it closed at record levels yesterday. This means that worries about economic data from across the Atlantic, which show strong retail sales and industrial production growth, have been leveled. In this light, they present arguments to the US Federal Reserve for further tightening of monetary policy. In the US market yesterday before the close, the S&P 500 and Dow Jones fell 0.1% and 0.3% respectively, as traders did not know how to interpret the latest data on the US economy.

In particular, in Geria Epirus yesterday, the pan-European STOXX 600 index closed up 0.42%, while one of the most dynamic indicators was the share of luxury goods and fashion group LVMH with a rise of 1.5% in Paris. shares of Airbus and Siemens also showed positive dynamics. In London, the FTSE 100 ended yesterday’s session up 0.55%, DAX up 0.82% in Frankfurt, CAC 40 up 1.21% in Paris, FTSE MIB up 0.13% in Milan and IBEX up 0.34%. in Madrid. French tycoon Bernard Arnault’s LVMH collectors group on Tuesday announced the hiring of designer Pharrell Williams for its menswear division, sparking optimism from analysts.

The French stock index closed at 7,300.86, just short of the all-time high.

The CAC 40 closed at 7,300.86, just under last January’s all-time high of 7,384.86. Several companies contributed to this. Shares of French food group and Europe’s largest Carrefour jumped 8.5% yesterday. The reason is that his share buyback program ended up being larger than expected. In addition, a 3% gain in the Kering holding group, which includes Gucci, also boosted the CAC 40. company,” said Marisa Veitmane, head of multi-asset strategy analysis at State Street Global Markets.