FX.co ★ CAC 40 Edges Higher on Thursday

On Thursday, the CAC 40 index experienced a slight increase of 0.2%, reaching approximately 8,060 points, following a two-day period of minor losses. This uptick was attributed to anticipations of another Federal Reserve rate cut in 2026 along with strong performances from select stocks. Fed Chair Jerome Powell adopted a dovish tone during a press briefing, hinting at possible future monetary easing.

Schneider Electric was a top performer, gaining 3% after announcing a €3.5 billion share buyback program and revising its profit forecast upwards. Meanwhile, Capgemini saw a 2.4% rise after being recognized as a Leader in Gartner’s 2025 Magic Quadrant for Custom Software Development Services. EssilorLuxottica inched up by 0.2% following its partnership with Italy’s Chips-IT Foundation to develop specialized chips for smart glasses. Other significant gainers included Pernod Ricard (+1.7%), Vinci (+1.5%), and Saint-Gobain (+1.5%).

In contrast, the technology sector faced pressure due to Oracle's disappointing quarterly results, with STMicroelectronics declining by 1.35% and Dassault Systèmes down by 0.3%. The automotive sector also underperformed, primarily led by Stellantis NV, which dropped 1.7%.