The CAC 40 rose 0.3% to 8,507 on Friday, extending gains from the previous session and reaching its highest level since late February, as softer-than-expected data led traders to scale back expectations for further Federal Reserve rate hikes.
Recent data revealed US employment growth eased sharply in June, with revisions to the prior two months’ figures also pointing to a weaker labor market, prompting expectations that the Fed will keep rates unchanged this month and potentially through September.
Meanwhile, eurozone inflation continues to move closer to price stability after easing in June, alleviating the need for immediate policy measure.
Domestically, industrial production dropped 0.1% month-on-month in May 2026, better than market expectations for a 0.4% decline, but reversing a 0.3% gain in April.
Notable performers included ArcelorMittal (2.4%), Edenred (2.3%), and Engie (2.1%).
Over the week, the index remains on track for a weekly gain.