在巴黎，CAC 40指数周四下跌167点，跌幅2.12%。AXA（-4.53%）、Eurofins Scientific SE（-3.97%）、Edenred（-3.88%）领跌。

In Paris, the CAC 40 Index decreased 167 points or 2.12 percent on Thursday. Losses were driven by , AXA (-4.53%), Eurofins Scientific SE (-3.97%), Edenred (-3.88%).

CAC 40指数周四暴跌2%，收于7708点，在政治不确定性加剧的情况下创下四个月新低。法国持续的预算赤字和日益严重的债务问题在即将到来的提前选举中面临着至关重要的考验，民调显示，民众强烈支持一个主张反欧盟政策和增加支出的民粹主义极右翼政党。这扩大了法国和德国10年期国债收益率之间的利差，表明法国的信贷风险增加，并引发法国资产的广泛抛售。大多数股票下跌，Axa以4.6%的跌幅领涨，其次是Edenred、Eurofins Scientific和BNP Paribas，分别下跌4.1%、3.9%和3.7%。雷诺和Stellantis NV的股价也分别下跌2.9%和2.7%，原因是对欧盟委员会对中国电动汽车征收关税的担忧，这可能升级为贸易冲突，影响欧洲汽车制造商在中国的运营和中国汽车的进口。

The CAC 40 plunged 2% to close at 7,708 on Thursday, marking a four-month low amid heightened political uncertainty. France's persistent budget deficits and mounting debt concerns face a crucial test in the upcoming snap election, where polls indicate strong support for a populist far-right party advocating anti-EU policies and increased spending. This has widened spreads between French and German 10-year yields, indicating heightened credit risk for France and prompting a broad sell-off of French assets. Most stocks saw declines with Axa leading the with a 4.6% drop, followed by Edenred, Eurofins Scientific, and BNP Paribas with losses of 4.1%, 3.9%, and 3.7%, respectively. Renault and Stellantis NV shares also saw declines of 2.9% and 2.7%, driven by concerns over tariffs on Chinese EVs imposed by the European Commission, potentially escalating into a trade conflict impacting European automakers' operations in China and imports of Chinese cars.

法国10年期OAT收益率小幅攀升至3.2%，接近本周初达到的3.24%的近7个月高点，尽管由于投资者权衡极右翼全国集会可能赢得议会选举的风险，美国和德国的收益率有所下降。民意调查显示，勒庞的全国集会此前一直主张削减销售税和降低退休年龄等政策，在6月30日的第一轮投票中遥遥领先。更糟糕的是，埃马纽埃尔·马克龙总统在欧洲选举失败后宣布提前投票后进行的一项调查显示，他的支持率已降至2018年12月以来的最低点。因此，作为法国信贷风险的关键指标，法国和德国10年期国债收益率之间的利差扩大到60多个基点，为2017年以来的最高水平。

The French 10-year OAT yield inched higher to the 3.2% level, approaching almost a 7-month high of 3.24% reached at the beginning of the week, despite a decline in US and German yields as investors weigh the risk that far-right National Rally may win the parliamentary elections. Polls indicate that Le Pen’s National Rally, which has previously advocated for policies like cutting sales taxes and lowering the retirement age, holds a significant lead heading into the first round of voting on June 30. Making things worse, President Emmanuel Macron’s approval rating has dropped to its lowest point since December 2018, according to a survey conducted after he called a snap vote following a defeat in the European elections. As a result, the spread between French and German 10-year yields, a crucial indicator of France's credit risk, widened to over 60 basis points, the highest since 2017.

FR40指数跌至16周低点7759.00点。过去4周，法国股市指数（FR40）下跌5.65%，过去12个月上涨5.9%。

FR40 decreased to a 16-week low of 7759.00 Index Points. Over the past 4 weeks, France Stock Market Index (FR40) lost 5.65%, and in the last 12 months, it increased 5.9%.