The Paris Bourse could open very slightly lower this Tuesday, according to futures on the CAC40, down 12 points to 7543, the day after a mixed close in New York, with the Dow Jones down 0.8% and the Nasdaq up nearly 0.3%.

Treasuries sold off aggressively across the curve yesterday, while equities weakened and the dollar extended its recent run", notes Michael Brown, Senior Research Strategist at Pepperstone.

He also notes that "the pace of earnings releases will pick up today with a busy slate before the open, including defense giants Lockheed Martin and RTX, as well as classic barometer 3M".

"Participants, naturally, will expect the strong earnings performance seen so far to continue, as the S&P remains poised for its fifth consecutive quarter of year-on-year earnings growth", he continues.

In Paris news, Eurofins Scientific reports sales growth of 6.7% to 5.14 billion euros for the first nine months of 2024, including organic growth of 5.2% for its core business (i.e. excluding Covid-19-related revenues).

Interparfums reports third-quarter 2024 sales of €257.6 million, up 20% (+20.2% at constant exchange rates) on the same period in 2023, 'reflecting continued strong momentum for the group's flagship brands'.

Wendel states that it has entered into a definitive partnership agreement to acquire 75% of Monroe Capital, a transaction that 'considerably broadens its asset management platform, and strengthens its growth and recurring cash generation profile'.

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