CAC 40 Rebounds on US-Iran Peace Deal

2026-06-18 15:54 By Isabela Couto 1 min. read

The CAC 40 rose 0.4% to close at 8,468 on Thursday, rebounding from the previous session after the US and Iran signed an interim peace agreement.

The deal aims to end the conflict and reopen the Strait of Hormuz, while negotiations over Tehran’s nuclear program are set to begin later this week.

Oil prices fell after the agreement, easing concerns over a new wave of global inflation and prolonged high interest rates.

Most luxury stocks moved higher as risk aversion eased, with Hermès up 2% and Kering gaining 4.4%.

Industrial stocks also advanced, with Airbus rising 2.6% and Safran adding 2.9%.

STMicroelectronics climbed 4.2%, tracking gains in US semiconductor stocks and following its $1.5 billion convertible bond sale announced on Wednesday.

In contrast, TotalEnergies fell 2.6% as oil prices declined.

Investors also continued to assess the Federal Reserve’s hawkish outlook after it kept rates unchanged while signaling that further tightening may still be needed to contain inflation.



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CAC 40 Rebounds on US-Iran Peace Deal
The CAC 40 rose 0.4% to close at 8,468 on Thursday, rebounding from the previous session after the US and Iran signed an interim peace agreement. The deal aims to end the conflict and reopen the Strait of Hormuz, while negotiations over Tehran’s nuclear program are set to begin later this week. Oil prices fell after the agreement, easing concerns over a new wave of global inflation and prolonged high interest rates. Most luxury stocks moved higher as risk aversion eased, with Hermès up 2% and Kering gaining 4.4%. Industrial stocks also advanced, with Airbus rising 2.6% and Safran adding 2.9%. STMicroelectronics climbed 4.2%, tracking gains in US semiconductor stocks and following its $1.5 billion convertible bond sale announced on Wednesday. In contrast, TotalEnergies fell 2.6% as oil prices declined. Investors also continued to assess the Federal Reserve’s hawkish outlook after it kept rates unchanged while signaling that further tightening may still be needed to contain inflation.
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