The CAC 40 index rose 0.2% to around 7,715 on Monday, recovering some losses from the previous session as investors closely monitored developments ahead of US tariff deadlines. The EU is aiming to avoid a major tariff escalation by working toward a preliminary agreement that would include a 10% universal tariff on many goods, with lower rates for key sectors such as pharmaceuticals, alcohol, semiconductors, and commercial aircraft. This was after a White House official said on Friday that trade negotiations between the US and the EU are ongoing, with optimism that an agreement could be reached soon. On the corporate front, SocGen rose by 3.6%, Safran by around 2.0% and Hermes International by 1.8%. Meanwhile, IT services company Capgemini fell 5.8% after agreeing to acquire technology outsourcing company WNS for $3.3 billion in cash. Oil-related stocks, such as TotalEnergies (-1.6%), also came under pressure after OPEC+ announced a larger than expected production increase for August.