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The CAC 40 rose 0.6% to close at 8,141 on Wednesday as oil prices and bond yields paused after their recent surge. Oil prices fell amid signs of rising US inventories and reports that Saudi Arabia is offering additional crude cargoes via Oman. Meanwhile, yields retreated after a global rally in recent weeks weighed on
The CAC 40 rebounded 0.4% on Friday after two sessions of losses, but remained on track for a fifth consecutive weekly decline. The move was attributed to lower oil prices and global bond yields, while Middle East tensions kept sentiment cautious.
French stocks drifted lower Tuesday as oil prices rose on Middle East tensions, boosting inflation and interest-rate concerns. Higher bond yields and data showing eurozone inflation acceleration weighed on sentiment.