Paris (AFP)

The Paris Bourse continued to erase (+ 1.08%) part of its losses from the day before Tuesday at midday, even if the delay in vaccination and new restrictions to fight the pandemic called for the caution.

After an opening to equilibrium, the Parisian index picked up in the morning and gained 59.09 points to 5.531.45 points around 12:18 p.m. (11:18 a.m. GMT), the day after a sharp drop of 1.57%.

On Wall Street, futures contracts on the three major indices were pointing to an open in scattered order, after new records set by the Nasdaq and the S&P 500 the day before.

"The stock markets (European) recover the losses recorded on Monday. The mood is much more positive this Tuesday morning, even if the same fears persist," said David Madden, an analyst at CMC Markets UK.

This rebound in equities could "be due to the fact that a lot of negative news has already been taken into account" by investors, he continues.

The restrictions to fight against the pandemic are maintained or tightened in Europe while the vaccination was triggered a month ago, but at a rate that is controversial.

Beneficiaries of massive EU investment, anti-Covid vaccine manufacturers "must now keep their promises and honor their obligations," European Commission President Ursula von der Leyen warned on Tuesday after announcements of delivery delays in Europe.

On Tuesday's agenda, the IMF is due to publish its updated global economic outlook, ahead of the Conference board data on consumer confidence in the United States for January.

The US Federal Reserve (Fed) is also starting a two-day monetary policy meeting on Tuesday, a week after Joe Biden's inauguration.

The latter estimated Monday that negotiations with elected Republican Congressmen on his emergency measures of 1.9 trillion dollars could last another two weeks.

Pierre et Vacances thinks

Pierre et Vacances sold 0.49% to 10.20 euros.

The European number one in leisure residences is studying "several measures" to cope with its significant drop in activity due to the Covid-19 epidemic.

Stellantis is bursting with energy

Stellantis rose 1.32% to 12.77 euros.

The group, which brings together Peugeot and Fiat Chrysler (FCA), and Engie EPS, the technological subsidiary of Engie (+ 0.50% to 13.00 euros) active in energy storage systems, have signed definitive agreements in order to create a joint venture in the electric mobility sector.

Thinning for EDF

The EDF share, which lost nearly 16% on Monday after press reports indicating a stagnation in discussions with Brussels concerning its “Hercules” reorganization project, regained some ground (+ 3.54% to 10, 82 euros).

Accor still penalized

Accor hardly benefited (-0.61% to 27.89 euros) from the State guaranteed loan (PGE) of 500 million euros granted to its former subsidiary AccorInvest, of which it now only owns 30%.

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