Overview
- France’s CAC 40 rose 1.13% Thursday to 8,056.63, its highest close since March, then added 0.37% Friday morning to 8,086.44.
- ADP/Stanford Lab reported a 32,000 loss in U.S. private jobs for September, strengthening market expectations for additional Federal Reserve cuts after last month’s move to 4.00–4.25%.
- Stellantis led Thursday’s rally with an 8.33% jump to €8.81 on strong U.S. demand and an upgrade, while Renault advanced 2.17%.
- FCA US said it delivered 324,825 vehicles in the quarter, up 6% year over year, with September sales up 16% across Ram, Fiat, Chrysler and Jeep.
- Friday’s tone also drew support from AI-driven tech enthusiasm and U.S. data delays from a partial government shutdown, with the ISM services index still due later in the day.