The CAC 40 Index Closes 0.48% Higher

The CAC 40 Index rose 41 points or 0.48 percent on Friday to close at 8516 points. Leading the gains are ArcelorMittal (5.89%), Edenred (3.73%) and Veolia (2.88%). Top losers were Stellantis NV (-3.37%), Essilor (-1.87%) and Kering (-1.47%).

The CAC 40 rose 0.4% to close at 8,508 on Friday, extending the previous session's gains to its highest level since late February as weaker-than-expected US jobs data prompted investors to scale back expectations for Fed rate hikes. US employment growth slowed sharply in June, while downward revisions to the prior two months pointed to a softer labor market, reinforcing expectations that the Fed will keep interest rates unchanged this month and possibly through September. Meanwhile, eurozone inflation continued to ease toward the ECB's target in June, reducing pressure for further policy tightening. Domestically, France's industrial production fell 0.1% month-on-month in May, outperforming expectations for a 0.4% decline. Industrials led gains, with Schneider Electric rising 1.5%, Airbus adding 1.1%, and Safran advancing 1%. In contrast, luxury stocks underperformed, with L'Oréal down 1.4% and Kering losing 1.6%.

The CAC 40 rose 0.3% to 8,507 on Friday, extending gains from the previous session and reaching its highest level since late February, as softer-than-expected data led traders to scale back expectations for further Federal Reserve rate hikes. Recent data revealed US employment growth eased sharply in June, with revisions to the prior two months’ figures also pointing to a weaker labor market, prompting expectations that the Fed will keep rates unchanged this month and potentially through September. Meanwhile, eurozone inflation continues to move closer to price stability after easing in June, alleviating the need for immediate policy measure. Domestically, industrial production dropped 0.1% month-on-month in May 2026, better than market expectations for a 0.4% decline, but reversing a 0.3% gain in April. Notable performers included ArcelorMittal (2.4%), Edenred (2.3%), and Engie (2.1%). Over the week, the index remains on track for a weekly gain.