
CAC 40 Advances On U.S.-Iran Peace Hopes

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French stocks rose on Tuesday, driven by optimism over U.S.-Iran discussions aimed at resolving their conflict and a decline in oil prices. The CAC 40 index increased by 48.36 points (0.59%) to 8,284.34. Eurofins Scientific surged over 5% after selling its testing unit, while Stellantis and Saint Gobain also saw gains. Publicis Groupe reported a 6.4% revenue increase, but LVMH's shares fell 2% due to a revenue decline linked to the Iran conflict. Overall, the market showed positive momentum amid ongoing negotiations between Washington and Tehran.
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