CAC 40 Rebounds on Hopes of US-Iran Thaw
2026-04-14 07:41
By
Czyrill Jean Coloma
1 min. read
The CAC 40 rose 0.6% to 8,281 on Tuesday, rebounding from losses in the previous session as market sentiment improved on renewed diplomatic signals between the US and Iran.
President Donald Trump indicated that Tehran had expressed interest in pursuing a potential agreement, while Iranian President Masoud Pezeshkian signaled a willingness to engage in talks, provided they align with international law.
However, uncertainties linger as the US has begun blockading vessels departing Iranian ports.
Investor focus is also shifting toward the earnings season, with key results expected from Kering and Publicis today.
Notable gains were recorded in Schneider Electric (0.9%), Airbus (0.7%), and BNP Paribas (0.9%).
In contrast, LVMH lost 2.4% after posting a 6% annual decline in Q1 revenue and warning that the Iran conflict reduced group sales by at least 1% in the latest quarter, citing weaker demand in the Gulf.