Paris stocks fall as CAC 40 slips to 8,439.20

The Paris Bourse fell on Tuesday, bucking the trend of Wall Street and major European markets, despite lower oil prices and easing interest rates. The CAC 40 index lost 13.81 points, closing at 8,439.20. Trading volumes remained low as investors awaited Nvidia's quarterly results and the Jackson Hole central bankers' meeting. Markets have already priced in a European Central Bank rate hike for September, with gold purchases being the only notable movement. Nvidia, the world's largest company by market value, is central to AI development. In Paris, AI-linked stocks rose, while oil fell on hopes of eased tensions in the Strait of Hormuz.