CAC 40 Slips on Ceasefire Stalemate
2026-04-27 16:05
By
Isabela Couto
1 min. read
The CAC 40 lost 0.2% to close at 8,142 on Monday as stalled US Iran peace talks dampened risk appetite ahead of a busy week of central bank meetings, including the ECB.
Oil prices rose as shipments through the Strait of Hormuz remained limited, keeping global supplies tight.
The ECB and US Fed are set to announce policy decisions this week.
Markets expect both to hold rates, but persistent geopolitical risks, oil shocks, and energy-driven stagflation fears, alongside higher bond yields and concerns over weaker credit demand, have raised speculation of a hawkish stance later this year.
This outlook fueled risk aversion and pressured the index.
Most luxury companies posted losses, with LVMH down 0.9% and L'Oreal shedding 1%.
The industrial sector was also mostly down, with Airbus down 0.2% and Thales shedding 0.7%.
This week, Airbus, Air Liquide (-0.4%), and TotalEnergies (-0.2%) will release their Q1 2026 results.