STMicroelectronics soars nearly 9% as CAC 40 targets 8,000 points
A Parisian session driven by cyclicals
The flagship index of the Paris market is moving above the symbolic 8,000-point threshold, following a generally upward trend across Europe. The German DAX is showing the best performance among the major continental markets with a gain of 0.76%, while the STOXX 600 is up 0.69%. In London, the FTSE 100 edges up by 0.38%. Across the Atlantic, the tone is more mixed: the S&P 500 hovers around stability (+0.13%), the Nasdaq gains 0.64%, but the Dow Jones falls by 0.60%.
The disparity within the CAC 40 clearly reflects this mixed session: 21 stocks are up while 19 are down. The gaps between the best and worst performances of the index reach nearly eleven percentage points, indicating a marked sector rotation rather than a uniformly consistent movement.
Service technology struggling, Capgemini trails behind
On the other hand, technology service stocks are taking a hit. Capgemini falls by 2.58% to 96.64 euros, marking the biggest drop in the CAC 40. Dassault Systèmes follows with a decrease of 2.21% to 18.84 euros. The contrast with STMicroelectronics highlights the day's shift between semiconductors and digital services.
Euronext is down 1.63% to 139.10 euros. Even the defensive sector isn't spared from sell-offs: Danone drops 1.53% to 61.82 euros, while Publicis declines by 1.39% to 76.46 euros. This series of declines in stocks typically seen as stabilizers confirms the selective nature of a session where investors are clearly favoring industrial and cyclical profiles. The CAC 40 maintains its lead approaching the Ascension weekend and remains close to the 8,000-point threshold.
This content has been automatically translated using artificial intelligence. While we strive for accuracy, some nuances may differ from the original French version.
