India, Oct. 8 -- French stocks slipped into negative territory on Thursday, extending recent losses, as rising oil prices and bond yields triggered inflation and interest rate concerns, prompting traders to trim down long positions.
The benchmark CAC 40, which dropped to 7,679.36, was down 68.77 points or 0.89% at 7,700.44, a little past an hour after noon.
German stocks tumbled on Thursday amid rising fears of inflation and interest rates as oil prices surged higher and bond yields rose amid an escalation in tensions in the Middle East.
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