CAC 40 Modestly Higher In Cautious Trade

The CAC 40 (France 40) traded modestly higher on May 30, 2025, rising 20.26 points (0.26%) to 7,799.98 as investors bought stocks on hopes the European Central Bank will cut rates. Risk sentiment remained cautious after a U.S. federal court ruling against President Trump’s tariff measures added trade uncertainty. Sector movers included gains in Eurofins (+2%), L'Oréal (+1.5%), Hermès (+1.3%) and TotalEnergies (+1.1%), while Carrefour plunged nearly 6%. Sanofi tumbled about 4.2% after mixed Phase 3 results for its COPD drug Itepekimab, weighing on pharma names. Overall, market tone was mixed — modest upside for the index but selective weakness driven by company-specific news and macro/regulatory uncertainty.