(BFM Stock Exchange) – Despite the political context in France, the Parisian index continued its ascent above the threshold of 7,700 points, this Tuesday, September 9. The weakness of the job market in the United States is confirmed after a sharp revision of decrease in annual positions of posts between April 2024 and March 2025.

The Paris Stock Exchange has further won some fractions in the aftermath of the fall of the Bayrou government. The CAC 40 fence slightly increased from 0.19% to 7,749 points, and thus records its second session of progress in a row after having won 0.78% on Monday.

“On the clues side, the CAC 40 is relatively not very sensitive to this situation, the loss of the vote of confidence having already been anticipated for several days (which had also brought the index under the 7,700 points when it was sailing close to the 8000 points before the announcement, at the end of August, of the holding of a vote of confidence in the start of the school year). There was no particular movement on the future CAC40 last night at the time of the announcement of the result. Alexandre Baradez, responsible for market analysis at IG France.

In this context, investors have kept an eye attentive to the evolution of French sovereign rates. On the bond market, the yield of the French loan at ten years exceeded this morning that of its Italian equivalent, before returning below.

In the United States, the question of the solidity of the job market dominates the debates. And the last statistics in this area once again shows a slowdown in the labor market on the other side of the Atlantic.

US companies have indeed created 911,000 less jobs between April 2024 and March 2025, according to preliminary data from the Labor Statistics Office. It is half as much as what had been reported initially. The content of these employment figures even more reinforce anticipation of rate drop in the United States.

“These very negative employment revisions, after recent disappointments, make possible a drop in rate of the Fed of 50 base points. Even if the Fed were to drop only by 25 basic points, the fact that the working market conditions were clearly less good than one might think a few weeks ago will push it to a series of rate drops in the coming months”, details Bastien Drut, responsible for strategy and economic studies in CPRAM, which recalls that this is the most negative annual revision since it has been published in this format.

“Thus, even if American inflation is upwards on Thursday, the American federal reserve should most likely lower its interest rates next week, then carry out 25 -point drops in October and December,” added James Knightley Chief economist at ING.

Publicis on display

On the values ​​side, Publicis won more than 2% supported by an opinion of opinion from Oddo BHF which noted its opinion of neutral in outperformance and its target of courses at 110 euros on the title.

Kering returned 2.4% while the shareholders of the luxury group largely validated the arrival of Luca de Meo, who recently left Renault (+3.55%) to straighten the Mother house of Gucci. The new boss of Kering also said that he will present a strategic roadmap in the spring of 2026.

Interparfums resisted (+0.5%) despite a new lowering of its income target for financial year 2025.

In other markets, the euro jumped 0.7% against the greenback at 1.1723 dollars. Oil is progressing, after Israeli strikes targeting the Qatari Capital Doha. The November contract on the Brent de Mer du Nord gains 1% at 66.67 Dollars per barrel while that of October on the WTI listed in New York climbed 1.1% to 62.95 dollars per barrel.