The CAC 40 index gained 0.22% to 6,609.17 points.

On Friday, it rose 0.58% and ended the week up 2.78%.

For Mikael Jacoby, head of continental Europe brokerage for Oddo, the session was marked by “a little overplayed optimism which is starting to fade” concerning monetary policy.

But overall, the expert notes "a lack of real news that can give direction one way or the other."

Investors are very attentive to the comments of the officials of the American central bank (Fed) on the evolution of the cycle of monetary tightening to fight against inflation.

Thursday's publication of a slowdown in US inflation in October led them to hope that the Fed eased its monetary tightening cycle.

Federal Reserve Vice Chair Lael Brainard expects Fed rate hikes to slow "soon", she said on Monday, but stressed that the institution should not end the rate hikes just yet. .

Investors will be very attentive on Wednesday to the retail sales figure in the United States for October, while several giants of the large distribution will reveal their quarterly results, from Walmart and Home Depot on Tuesday to Target on Wednesday.

Consumption and health are different

In mass distribution, Carrefour took 1.92% to 16.43 euros and Danone + 1.80% to 50.22 euros.

In the wake of most values ​​in the health sector in the world, Sanofi gained 2.01% to 84.09 euros.

Good behavior of semiconductors

The title STMicroelectronics (+3.05% to 36.98 euros) was carried by the strong growth of Infineon (+7.77% to 31.50 euros).

The German semiconductor maker announced on Monday a 5 billion euro investment project to build a new factory in the east of the country as Europe seeks to strengthen its sovereignty in this strategic industry.

© 2022 AFP