The CAC 40 reversed early session gains, closing 0.8% lower at 7,431 on Friday, retreating from a one-month high and erasing the previous session’s gains. The decline followed a stronger-than-expected U.S. jobs report, which has raised concerns over the Federal Reserve’s cautious stance on interest rates, dampening investor sentiment toward European equities. Additionally, inflation worries persist, particularly amidst the UK’s ongoing debt crisis, which carries broader implications for European financial markets. Uncertainty surrounding President-elect Trump’s policies, especially his approach to tariffs, further unsettled markets. Among individual stocks, heavyweight industrials led the decline with Schneider Electric, Air Liquide, and Dassault Systemes dropping between 1.4% and 2%. Financials also underperformed with AXA and BNP Paribas shedding 1.7% and 1%, respectively. Despite this, the Paris exchange posted a 2.2% gain over the week.