Paris (France) (AFP) – The Paris Stock Exchange ended the session cautiously on Tuesday, awaiting several crucial monetary policy meetings and the results of the tech giants in New York.
Published on: 04/28/2026 - 6:11 p.m.
The CAC 40 lost 0.46% to 8,104.09 points, down 37.83 points. The day before, it had fallen by 0.19%, to 8,141.92 points.
“Investors are finding some distraction from the war in Iran” thanks to “central bank meetings and the climax of the first quarter earnings season,” observes Andreas Lipkow of CMC Markets.
The American Federal Reserve (Fed) meets on Tuesday and Wednesday, before the European Central Bank (ECB) and the Bank of England (BoE) on Thursday.
These institutions "are meeting in a complicated context, facing inflation which threatens with the rise in oil prices and growth which is showing some signs of weakness, particularly in Europe", underlines Benoit Vesco, president of Delubac AM.
None should announce the increase in their key rates.
Another point of interest: the results of several American tech giants, namely Meta, Microsoft, Amazon and Alphabet on Wednesday and Apple on Thursday. The theme of artificial intelligence will be central in the minds of investors.
Indeed, according to the Wall Street Journal, OpenAI, the creator of ChatGPT – which does not publish its accounts because it is not listed – would not have achieved its own objectives both in terms of turnover and the number of new users.
Enough to revive fears about the sustainability of Silicon Valley's massive spending on AI.
Finally, the markets are still monitoring the situation in the Middle East. A new rise in oil prices is weighing on the mood, against a backdrop of persistent blockage of the strategic Strait of Hormuz due to the conflict.
Brent from the North Sea, the benchmark in Europe, rose back above 110 dollars per barrel, to 111.62 dollars (+3.13%). WTI, the American benchmark, reached around 3:50 p.m. GMT $99.82, up 3.58%.
On the value side, the French cable giant Nexans jumped 8.19% to 148.00 euros after presenting results praised by the markets in the first quarter, saying in particular that it had not felt "any significant financial impact linked to the situation in the Middle East".
© 2026 AFP
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