CAC 40 rebounds 1.0 percent as ECB rate bets ease

Published on 10/09/2026 at 21:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The Paris benchmark snapped a two-session slide as markets pared ECB hike bets, while ArcelorMittal led gains and the index ended the week lower.

Key points in brief

CAC 40 closed at 7,803 points on October 9, 2026, up 1.0 percent.
Markets pared back expectations for further European Central Bank rate hikes.
ArcelorMittal led the index with a 5.6 percent gain, while STMicroelectronics fell 3.9 percent.
The index ended the week 1.2 percent lower after two consecutive weekly declines.
LVMH is scheduled to release third-quarter revenue on October 12, 2026, at 6:00 p.m. CET.

CAC 40, FR0003500008, Illustration mit AI erstellt.

CAC 40 closed at 7,803 points on October 9, 2026, up 1.0 percent, as markets reduced expectations for further European Central Bank rate increases. The gain followed two losing sessions and was the index's strongest one-day advance since September 21, according to Morningstar.

ArcelorMittal was the strongest CAC 40 performer, rising 5.6 percent. Capgemini gained 3.8 percent and Bureau Veritas advanced 3.6 percent, while STMicroelectronics fell 3.9 percent and Orange declined 2.4 percent, Trading Economics reported.

Rate expectations support the rebound

Money markets priced the ECB deposit rate at 2.72 percent by December, compared with the current 2.50 percent, as investors moderated expectations for additional tightening. Trading Economics also linked the broader recovery to easing geopolitical concerns after President Donald Trump ruled out a US attack on Iran before the midterm elections.

The rebound did not erase the broader weekly decline. The CAC 40 lost 1.2 percent for the week and extended its run of weekly losses to two, according to Morningstar.