(BFM Stock Exchange) – The Parisian index closes up, carried by the latest Fed announcements, which paved the way for new rate decreases by the end of the year.

The Paris Stock Exchange has returned to the rise. The CAC 40 closing up 0.87% to 7,854.61 points.

Investors welcomed the decision of the American federal reserve which, as expected, lowered its 25 basis points (0.25 percentage points) on Wednesday evening. Only Stephan Miran, the new governor of the Fed, promoted by Donald Trump voted for a more marked drop, of 50 base points.

“First, it is interesting to note that Stephen Miran was the only one to express his disagreement. It seems to us that this could be a deliberate decision on the part of the other members of the FOMC (Monetary Policy Committee of the Federal Reserve of the United States) in order to show their support for President Powell and, in fact, as an implicit act of support for the independence of the Fed. Perhaps we are doing too much,” Note ING economists.

During the press conference, its president, Jerome Powell suggested that this monetary easing could be followed by other decreases by the end of the year. However, it warned that the risks linked to inflation should still be assessed and managed, notes Invest Securities.

The market now anticipates two additional drops of a quarter of percentage this year.

Wall Street in shape

At Wall Street, the three major indices are also well oriented, and have all entered new historical summits during the session. The semiconductor manufacturer and microprocessors in Intel difficulty still soars 30% on the New York Stock Exchange after the Nvidia capital entry for an amount of $ 5 billion.

In the statistical chapter, new unemployment registrations fell from 33,000 to 231,000 requests last week. The Philly Fed index measuring manufacturing activity in the Philadelphia region rebounded at 23.2 in September, against -0.3 in August.

Solutions 30 picks up

On the values ​​side, the technological sector was in good shape: Soitec closing up 10.4%, Stmicroelectronics won 4.6%, followed by Capgemini (+3.2%) and Dassault Systems (+2.9%).

Kering climbed 0.7% after the appointment of Francesca Bellettini at the head of Gucci. A choice that is part of Luca de Meo’s desire, a new managing director of the group, to quickly relaunch the flagship brand of Kering.

Nanobiotix flambé by 19.4%, carried by the announcement of positive phase I data in skin melanoma.

Solutions 30 collapsed by 29% after revealing high degradation half -yearly results, weighed down by France.

On the exchange market, the euro fell 0.45% against the greenback at $ 1.1772. Oil gives way. The November contract on the Brent de Mer of the North loses 0.6% at 67.57 in a barrel while that of October on the WTI listed in New York fell 0.5% to 63.75 dollars per barrel.