PARIS (Reuters) – European scholarships ended up on Tuesday, except Paris, investors digesting the consequences of Deepseek announcements on Monday in the artificial intelligence sector.

In Paris, the CAC 40 abandoned 0.12% to 7,897.37 points, while the German Dax rose 0.69% and the British Footsie has increased by 0.41%.

The Eurostoxx 50 index finished the session on an increase of 0.27%, while the FTSEUROFIT 300 scored a gain of 0.38%and that the Stoxx 600 took 0.45%.

Artificial intelligence (AI) continues to blow hot and cold on the markets at the start of the week.

After plunging the markets on Monday, the announcements concerning an AI model as efficient as those of American giants but less expensive in terms of energy and creative costs by the Chinese start-up Deepseek continue to concentrate attention.

“If Deepseek does not sign the end of Chatgpt, he marks a key step in market development,” said John Plassard investment specialist at Mirabaud, who underlines the new rivalry with Openai. “This is only the beginning, but the arrival of Deepseek could well announce a major rebalancing in the world technological power relationship.”

Investors also await the first decision in 2025 of the American Federal Reserve (Fed) on Wednesday and the European Central Bank (ECB) on Thursday which should diverge between the status quo for the first and a new drop in rates for the second.

The season of results also accelerates on one side and the other of the Atlantic while more and more analysts and economists believe that it could be time to invest again in Europe.

VALUES

The STOXX 600, which on Tuesday scored a record at more than 533 points in session, was brought by the new technologies sector, which took 0.29%, with the rebound of the values ​​linked to the AI.

The largest software manufacturer in Europe, SAP took 0.46% after having declared Tuesday to be more optimistic about its financial results this year due to the accelerated growth of its income from clouds in clouds (“Cloud Computing “).

In France, Schneider Electric accused the highest drop in CAC 40, abandoning 7.47%, just ahead of Stmicroelectronics which lost 3.24%.

A Wall Street

At the time of the fence in Europe, exchanges at the New York Stock Exchange indicated an increase of 0.05% for the Dow Jones, against 0.36 for Standard & Poor’s 500, and 1.04% for the Nasdaq Composite .

The actions of American companies linked to artificial intelligence increase, nvidia climbing by 2.9%, alphabet by 1.4%and Microsoft by 1.7%.

Boeing gained 4.4% after publishing losses of $ 11.8 billion for 2024.

General Motors lost 9.6% after reporting results for the fourth quarter and a profit forecast for 2025 superiors to the estimates of Wall Street.

Changes

The dollar returns to a little ground with concerns about customs duties and the current model of artificial intelligence.

The dollar earns 0.59% against a basket of reference currencies, the euro crosses 0.64% to 1.0424 dollars, and the pound sterling lost 0.55% to 1.2427 dollars.

RATE

The rates are stable on Tuesday in Europe but climb across the Atlantic after the strong drops on Monday and pending monetary policy decisions this week.

The yield of the German ten years took 0.1 pb to 2.561%, that of the rate at two years sold 0.2 pb to 2.267%.

The risk premium of France, measured by the rate difference at 10 years with Germany, fell to its lowest level since November 21 in session, at 72 pb, down 4 bp. She finally closed at 76.9 BP.

At the time of the closure in Europe, the yield of Treasury at ten years takes 4.5 pb at 4.5728%, while the yield of the title at two years increased from 2.4 pb to 4.2196%.

OIL

Oil prices have rebounded Tuesday from their lowest levels for several weeks, the disruption of oil loading operations in Libya compensated for fears of a weakening of demand linked to the low economic data in China.

Brent increased by 0.23% to $ 77.26 a barrel, the American light crude (West Texas Intermediate, WTI) also adds from 0.23% to 73.34 dollars.

To be continued Wednesday, January 29:

Investors will be attentive tomorrow to the “Compass” competitiveness plan presented by the European Commission while the American Federal Reserve (Fed) will render its first monetary policy in 2025 to 7:00 pm.

Business results will also agitate equity markets, both on the old continent with ASML and the other side of the Atlantic with Microsoft, Tesla or Starbucks.

(Written by Bertrand de Meyer, edited by Zhifan Liu)

Copyright © 2025 Thomson Reuters