Particle.news

Download on the App Store

Paris Stocks Near Record as Tech Momentum and Fed-Cut Bets Lift CAC 40

A partial U.S. shutdown paused key economic releases, forcing markets to lean on private reports.

Overview

  • The CAC 40 rose 0.31% to 8,081.54 on Friday, its highest close since March, bringing a 2.68% weekly gain and leaving the index less than 100 points from its record.
  • AI enthusiasm buoyed tech shares after news of an OpenAI agreement with Samsung and SK Hynix, extending a six-day global equity advance.
  • With the official U.S. jobs report suspended, traders leaned on ADP data showing a 32,000 drop in private payrolls and priced a likely 25 basis point Fed cut at month-end.
  • Stellantis advanced after strong U.S. sales, with FCA US delivering 324,825 vehicles in the quarter (+6% year-on-year) and September sales up 16%; the stock gained 8.33% Thursday and 2.19% Friday.
  • Legrand said it will acquire U.S.-based Avtron Power Solutions, and its shares edged up 0.53% following the announcement.