CAC 40

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Markets, IPOs & Wealth 05 Oct 2026, 03:25 PM IST

European Stocks Edge Higher as Schneider Slumps on PTC Deal Shock

European equities inched higher in cautious trade on Tuesday, recovering modestly from last week’s losses even as French shares lagged on renewed fiscal concerns. The CAC 40 fell 0.8% after Schneider Electric tumbled on news of its $22.6 billion acquisition of PTC, while investors weighed softer U.S. jobs data, bond-market moves, inflation risks and political uncertainty across Europe.

By RDU Global Wire5 min read

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Co-Occurring Entities

Entities frequently referenced alongside CAC 40:

Schneider Electric(1)PTC(1)France(1)Europe(1)