{"id":50536,"date":"2024-09-16T09:02:07","date_gmt":"2024-09-16T09:02:07","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2024\/09\/16\/cac-40-little-changed-as-investors-await-fed-decision\/"},"modified":"2024-09-16T09:02:07","modified_gmt":"2024-09-16T09:02:07","slug":"cac-40-little-changed-as-investors-await-fed-decision","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2024\/09\/16\/cac-40-little-changed-as-investors-await-fed-decision\/","title":{"rendered":"CAC 40 Little Changed As Investors Await Fed Decision"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> French stocks were steady on Monday as investors remained cautious ahead of an expected Federal Reserve interest-rate cut this week. The main debate is should the Fed go in with a 50-bps cut or stick to a 25-bps cut. <\/p>\n<p>The benchmark CAC 40 was marginally higher at 7,471 after rising 0.4 percent on Friday. <\/p>\n<p>Ipsen SA jumped 5.5 percent. The drug maker has cancelled plans to commercialize a treatment for prostate cancer after a late-stage trial stopped short of reaching its main goals. <\/p>\n<p>Electrical supplies distributor Rexel soared 10 percent after saying it had rejected an unsolicited preliminary bid from billionaire Brad Jacobs-led QXO.<\/p>\n<p>Vallourec SA was moving lower. The seamless tubular solutions company has agreed to acquire Thermotite do Brasil Ltda. a provider of thermal insulation pipe coating services for the offshore oil and gas industry, from Mattr Corp. (MATR.TO) for $17.5 million, on a cash-free, debt-free basis. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>CAC 40 Little Changed As Investors Await Fed Decision<\/a><br \/>\n<br \/>2024-09-16 09:02:07<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks were steady on Monday as investors remained cautious ahead of an expected Federal Reserve interest-rate cut this week. The main debate is should the Fed go in with&#8230;<\/p>\n","protected":false},"author":2,"featured_media":50537,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-50536","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-euro-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/50536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=50536"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/50536\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/50537"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=50536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=50536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=50536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}