The French market, the CAC 40, had a pullback on Wednesday morning, despite the fact that it continues to maintain positive territory. This comes after the market opened with a moderately higher start and subsequent advances. After Sébastien Lecornu was appointed as the next Prime Minister of France, the underlying attitude has remained pretty consistent. This is due to the fact that there are good expectations for a potentially greater interest rate decrease from the Federal Reserve in the approaching week.

The substantial inflation data that is scheduled to be revealed from the United States is being actively monitored by market players, who are also paying great attention to the approaching policy decision that will be made by the European Central Bank on Thursday. The benchmark CAC 40 has gained by 29.55 points, which is equivalent to 0.38%, and is presently standing at 7,778.94. Earlier, it had hit 7,823.34 points. The value of Thales has climbed by more than 3.5%, while the value of EssilorLuxottica has increased by practically 3%. It has been reported that Schneider Electric has had a rise of 2.2%, while Legrand has seen an increase of approximately 2%.

In the range of one percent to one and a half percent, the companies ArcelorMittal, Bouygues, Credit Agricole, Airbus, and Societe Generale have all encountered a rise. Stock prices of Dassault Systemes, AXA, Vinci, Safran, Vivendi, and Veolia Environment are all enjoying minor gains. Veolia Environment is also experiencing increases. It is estimated that Pernod Ricard has seen a decrease of approximately2.5%. Some companies, including Accor, STMicroElectronics, Teleperformance, and Carrefour, have had their stock prices fall by between 1.2% and 2%. L’Oreal, Kering, Stellantis, and Edenred are also seeing large decreases in their respective markets.