CAC 40 Edges Higher As Euro Weakens

French shares were modestly higher on Monday as investors bet on strong economic growth and solid corporate earnings.

The benchmark CAC 40 was up 14 points or 0.24 percent at 5,483 in late opening deals after climbing 1.1 percent on Friday.

The dollar was trading higher against rivals, including the euro, ahead of consumer confidence and retail sales numbers from the euro area due later in the day.

by RTT Staff Writer

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