Weekly Market Wrap-Up: CAC 40 Flatlines as Fed Uncertainty Looms (September 27, 2025)

• Why Did the CAC 40 Stagnate This Week?
• How Did Global Macro Shakes Ripple Through Markets?
• Which Stocks Outperformed—and Why?
• Who Got Left in the Dust?
• What’s Next for Investors?
• FAQs: Your Burning Market Questions Answered

The CAC 40 barely moved this week, inching up just 0.2% to 7,871 points by Friday’s close. Wall Street saw a slight pullback after its record-breaking streak, while Fed Chair Jerome Powell’s cautious remarks dampened hopes for aggressive rate cuts. Meanwhile, Trump’s new tariffs and supply chain reshuffling plans stirred markets, and oil prices surged amid geopolitical tensions. Here’s a DEEP dive into the week’s key movers, from Emeis’s real estate play to Eramet’s copper-driven rally—and why Stellantis hit the brakes.

Why Did the CAC 40 Stagnate This Week?

The Paris benchmark crawled forward by a mere 0.2%, reflecting investor hesitation after mixed signals from the Fed. Stronger-than-expected economic data reduced the odds of multiple rate cuts, with CME FedWatch now pricing just a 62% chance of a 50-basis-point reduction by year-end. Powell’s warning about "elevated" asset prices added to the unease, leaving traders in wait-and-see mode. As one BTCC analyst put it, "Markets are stuck between a resilient economy and a Fed that’s in no hurry to pivot."

How Did Global Macro Shakes Ripple Through Markets?

Trump’s new tariffs on pharmaceuticals, trucks, and furniture—plus a reported plan to reduce U.S. reliance on foreign chips—rattled supply chain bets. Meanwhile, Brent crude jumped 5% to $70/barrel after Ukrainian strikes on Russian energy infrastructure. The euro held near $1.17, gold edged up 1% to $3,780/oz, and bitcoin slid below $109,000. Over in bonds, France’s 10-year yield hovered above 3.1%, with the spread to German Bunds steady at 82 basis points.

Which Stocks Outperformed—and Why?

The healthcare real estate firm soared after unveiling a €761M joint venture with Farallon Capital and TwentyTwo to spin off European assets. Oddo BHF called the deal "innovative," as it cuts debt while retaining upside exposure.

Copper prices spiked after Freeport-McMoRan declared force majeure at its Grasberg mine following a deadly mudslide. With two workers dead and five missing, the incident highlighted the metal’s fragile supply chain.

The oil giant scaled back share buybacks, prioritizing dividend growth amid "economic and geopolitical uncertainties." It reaffirmed a 4% annual production growth target through 2030.

Two contracts worth €635M total—including a Morocco rail upgrade—boosted the train maker.

Who Got Left in the Dust?

The software firm slashed full-year targets after weak H1 sales (-3%) and a slower-than-expected rebound in its mail division.

Its liver drug trial halted due to a peritonitis case, though preclinical work continues for a genetic disorder treatment.

Temporary plant stoppages in Italy and France (including the Fiat Panda line) signaled softening demand.

What’s Next for Investors?

With France still government-less and the Fed’s path murky, traders are bracing for more volatility. As one fund manager quipped, "This market’s EEG is flat—but the patient might just be holding its breath." Keep an eye on steel tariffs (ArcelorMittal gained 4.6% on rumors of EU levies) and tech visas (Capgemini fell 4.2% after TRUMP hiked H-1B fees to $100K).