On Wednesday, French stocks experienced an uptick as investors awaited crucial U.S. inflation data and a forthcoming Federal Reserve policy decision, both of which are pivotal for gauging future interest rate trends.
Eurozone government bond yields decreased after reaching their highest levels in approximately seven months on Tuesday, prompted by Moody's cautionary note about a potential downgrade of French debt. The CAC 40 index rose by 26 points, or 0.3%, to 7,815, after a 1.3% decline in the previous trading session.
The euro remained stable, while French 10-year bonds rebounded after four consecutive days of losses.
Banks showed widespread gains, with BNP Paribas, Credit Agricole, and Societe Generale advancing between 1% and 3%.
Meanwhile, automaker Renault's shares declined in anticipation of a European Union announcement about imposing additional tariffs on Chinese electric vehicle imports.
