CAC 40 Down Slightly In Lackluster Trade
(RTTNews) - French stocks are down slightly in lackluster trade on Monday with investors refraining from making significant moves as they await the high-level trade talks between U.S. and Chinese officials in London later in the day.
The benchmark CAC 40 was down 8.00 points or 0.1% at 7,796.87 a few minutes ago.
Thales is down 1.4% and Schneider Electric is lower by about 1.1%. Safran, Sanofi, Societe Generale, Michelin, Vinci, Hermes International and Saint Gobain are down 0.3 to 0.7%.
Kering is climbing more than 2.7% and Pernod Ricard is gaining 2.5%. Teleperformance is up 1.5% and Renault is advancing 1.05%.
LVMH, Dassault Systemes, Carrefour, Unibail Rodamco, Essilor, Edenred and STMicroElectronics are up 0.3 to 1%.
The U.S.-China discussions will aim to resolve some major trade disputes between the two major economies. Treasury Secretary Scott Bessent leads the U.S. delegation in the high-level trade talks.
The meeting happens following last week's direct phone call between U.S. President Donald Trump and Chinese President Xi Jinping.
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