The CAC 40 edged up 0.2% to 7,780 at Thursday’s open, extending its winning streak to a fourth session ahead of the European Central Bank’s policy decision, where rates are widely expected to remain unchanged. Investors are also looking to the US August CPI, which could shape expectations for the size of the Federal Reserve’s potential rate cut at next week’s meeting. In corporate news, Kering climbed 2.4% after announcing an amendment to its Valentino agreement with Mayhoola. The revision defers Mayhoola’s put options on its remaining 70% stake from 2026–2027 to 2028–2029, and similarly pushes back Kering’s call option from 2028 to 2029. The ownership structure will remain intact until at least 2028, with the delay easing near-term pressure on the debt-laden Gucci parent.