The CAC 40 rose 0.5% to close at 7,970 on Friday, snapping a two-session decline as investors took confidence from Fed Chair Powell’s remarks at Jackson Hole that signaled possible rate cuts ahead. His suggestion that lower rates could help sustain US labor markets reassured investors about global growth prospects, offsetting concerns over persistent inflation pressures tied to trade tariffs. European equities also drew support from progress on EU-US trade negotiations, with Brussels securing reduced tariffs on car exports and pressing for preferential duties on wine and spirits, developments seen as easing risks for key French sectors. LVMH gained 2.2%, Stellantis surged 4.4%, and STMicroelectronics advanced 4.2%, leading the index higher. Over the week, the Paris exchange added 0.5%, notching its third consecutive weekly advance.