The CAC 40 Index Opens 0.06% Higher

The CAC 40 fell 0.5% to close at 8,104 on Tuesday as investors focused on upcoming central bank policy meetings, corporate earnings, and ongoing geopolitical uncertainty. The European Central Bank is widely expected to keep rates unchanged on Thursday, but markets are watching for signals of future rate hikes to tackle persistent inflation, fueled in part by higher oil prices amid Middle East tensions. The luxury sector posted losses amid risk aversion, with LVMH down 2.7%, Hermes down 2.1%, and Kering losing 3.1%. Air Liquide fell 3.2% after reporting lower Q1 revenue, despite maintaining a positive outlook for margins and profit growth. Investors are also awaiting results later this week from TotalEnergies (+1.9%), Michelin (+0.4%), Schneider Electric (-1.6%), as well as major banks including BNP Paribas (+1.5%) and Crédit Agricole (+1%).

The CAC 40 was little changed at around 8,138 on Tuesday after two straight sessions of losses, as investors focused on upcoming central bank policy meetings, corporate earnings, and ongoing geopolitical uncertainty. The European Central Bank is widely expected to keep rates unchanged on Thursday, but markets are watching for signals of future rate hikes to tackle persistent inflation, fueled in part by higher oil prices amid Middle East tensions. On the corporate front, Air Liquide fell 3.5% after reporting lower Q1 revenue, despite maintaining a positive outlook for margins and profit growth. Investors are also awaiting results later this week from TotalEnergies, Michelin, Schneider Electric, as well as major banks including BNP Paribas, Crédit Agricole, and Société Générale. Geopolitical concerns also linger, with US officials saying President Donald Trump is dissatisfied with Iran’s proposal to delay nuclear talks until the conflict and maritime disputes are resolved.

The CAC 40 Index is picking up 5 points or 0.06 percent on Tuesday. Gains are led by STMicroelectronics (1.82%), ENGIE (1.17%) and TotalEnergies SE (1.15%). Biggest losers are Air Liquide (-2.94%), Dassault Systemes (-2.25%) and Capgemini (-2.05%).