{"id":64546,"date":"2025-09-23T10:46:00","date_gmt":"2025-09-23T10:46:00","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/09\/23\/cac-40-up-0-6-stmicroelectronics-rises-sharply\/"},"modified":"2025-09-23T10:46:00","modified_gmt":"2025-09-23T10:46:00","slug":"cac-40-up-0-6-stmicroelectronics-rises-sharply","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/09\/23\/cac-40-up-0-6-stmicroelectronics-rises-sharply\/","title":{"rendered":"CAC 40 Up 0.6%; STMicroElectronics Rises Sharply"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Despite data showing a contraction in France&#8217;s private sector activity in the month of September, French stocks are up firmly in positive territory Tuesday afternoon with data showing an acceleration in Eurozone private sector growth, and NVIDIA&#8217;s plans to invest $100 billion in OpenAI aiding sentiment.<\/p>\n<p>NVIDIA has announced that is plans to invest up to $100 billion in OpenAI to build next-generation AI data centers.<\/p>\n<p>The benchmark CAC 40 was up 47.05 points or 0.6% at 7,877.16 a few minutes ago. <\/p>\n<p>STMicroElectronics is rising by about 3.2%. Stellantis is up 2.6%, while LVMH and Capgemini are gaining 2.2% and 2.1%, respectively.<\/p>\n<p>Edenred and Kering are up nearly 2%. Saint Gobain, ArcelorMittal, Michelin, Accor, Hermes International, Schneider Electric, Renault, Carrefour, Safran, TotalEnergies and Pernod Ricard are up 1 to 1.7%.<\/p>\n<p>EssilorLuxottica is down by about 1.1%. Sanofi, Societe Generale, Eurofins Scientific, AXA and Euronext are down 0.3 to 0.7%.<\/p>\n<p>France&#8217;s private sector showed fresh signs of weakness in September as output dropped at faster rates in both manufacturing and services, flash survey data from S&amp;P Global revealed on Tuesday.<\/p>\n<p>The HCOB composite output index fell unexpectedly to 48.4 from 49.8 in the previous month. The reading was forecast to rise to 49.9.<\/p>\n<p>The score remained below the neutral 50.0 mark for a thirteenth straight month. Moreover, the reading signaled the biggest contraction since April.<\/p>\n<p>There were renewed weakness in both manufacturing and services. The services Purchasing Managers&#8217; Index posted 48.9, down from 49.8 in August. The score was seen at 49.7.<\/p>\n<p>Likewise, the manufacturing PMI slid more-than-expected to 48.1 in September from 50.4 a month ago. The score was expected to fall to 50.2.<\/p>\n<p>The HCOB Flash Eurozone Composite Purchasing Managers&#8217; Index, compiled by S&amp;P Global, edged up to 51.2 in September from 51.0 in August, marking the ninth consecutive month of growth but new orders stagnated after briefly expanding in August.<\/p>\n<p>While the services sector pulled up <span class=\"landLinks\">business<\/span> activity, the manufacturing sector slumped back into contraction, clouding the outlook. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/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 Up 0.6%; STMicroElectronics Rises Sharply<\/a><br \/>\n<br \/>2025-09-23 10:46:00<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite data showing a contraction in France&#8217;s private sector activity in the month of September, French stocks are up firmly in positive territory Tuesday afternoon with data showing an acceleration&#8230;<\/p>\n","protected":false},"author":2,"featured_media":64547,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1531412501799-1b4c354ca957?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=2734&q=80","fifu_image_alt":"","footnotes":""},"categories":[29],"tags":[],"class_list":["post-64546","post","type-post","status-publish","format-standard","has-post-thumbnail","category-euro-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/64546","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=64546"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/64546\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/64547"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=64546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=64546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=64546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}