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Shares of ADP, Vinci and Eiffage fell after Paris proposed higher taxes on transport infrastructure to help close its budget gap.
ADP shares fell 4% and shares of motorway and airport operators Eiffage and Vinci also dropped after France proposed raising taxes on transport infrastructure, including airports and motorways.
The Chicago Fed president says recent inflation prints show genuine improvement, a dovish tilt that lands as risk assets wobble and rate-sensitive sectors search for a policy anchor.
Chicago Fed President Austan Goolsbee said recent inflation data shows improvement, marking one of the more constructive assessments from a sitting policymaker in recent weeks and reviving expectations for a more accommodative path.