CAC 40 Dips Amid US Inflation Release

cac40, us inflation, interest rate

Bloomberg – On Thursday, the French CAC 40 index experienced a slight dip, closing at 7,547, a 0.11% decrease. This movement came in the wake of the newly released US inflation data, which met general market forecasts. Traders are now waiting with bated breath for upcoming decisions from major central banks, anticipating no major changes but eager for hints about possible interest rate reductions next year.

In corporate news, Airbus made headlines with a hefty 12 billion euros deal from Avolon, a leading aircraft leasing company. Meanwhile, Alstom saw a downturn, dropping 2.3% after a downgrade by Morgan Stanley. In contrast, Publicis Groupe enjoyed a 1.4% increase, leading the pack in performance.