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Paris Stocks Tick Higher as Traders Await U.S. Jobs Data and Gauge Shutdown Risk

The cautious tone reflects reliance on upcoming labor numbers that could reshape expectations for Federal Reserve rate cuts.

Overview

  • CAC 40 rose 0.30% to 7,894.36 around 09:50 in Paris after last week’s inflation readings matched forecasts.
  • U.S. JOLTS vacancies data arrive Tuesday, with nonfarm payrolls and the unemployment rate due Friday, key for the Fed outlook.
  • Economists at Deutsche Bank note a U.S. budget standoff could halt federal services and delay Friday’s jobs report, as happened in 2013.
  • TotalEnergies announced the sale of half of a solar-asset portfolio to a U.S. investment fund for $950 million.
  • Bonduelle cut its 2024–25 net loss to €11.5 million in line with targets, and its shares advanced in early trading.