Overview

• Paris finished slightly higher as the CAC 40 rose 0.13%, while U.S. benchmarks advanced in midday trade with investors awaiting JOLTS on Tuesday and nonfarm payrolls on Friday.
• August PCE inflation ran at 2.7% year over year, reinforcing market expectations for two Federal Reserve rate cuts before year-end, according to analysts cited.
• Congress faces a Tuesday cutoff to avert a shutdown, with a meeting planned between Democrats and President Trump and House Speaker Mike Johnson saying the president is open to discussions.
• Electronic Arts climbed on press reports of a roughly $50 billion takeover involving an investor group that includes Saudi Arabia’s PIF, while cannabis shares rallied after President Trump posted a video praising cannabinoids for seniors.
• Gold set fresh highs on haven demand, with gains linked to reports the PBOC plans to add to reserves, and TotalEnergies agreed to sell half of a solar portfolio for $950 million as luxury stocks supported the Paris market.