India, May 14 -- French stocks are exhibiting weakness on Wednesday, snapping a four-session winning streak, as investors focus on earnings and other corporate news, and await more economic data for directional clues. Some profit taking is also contributing to market's weakness.
The benchmark CAC 40 was down 52.05 points or 0.66% at 7,821.82 a few minutes ago.
Kering is down by about 2.3%, weighed down by reports about a sharp drop in demand for high-end fashion and luxury goods in the US.
L'Oreal, LVMH, Stellantis, Legrand, Airbus, Capgemini, ArcelorMittal, Edenred, STMicroElectronics, Essilor and Dassault Systemes are down 1 to 2%.
Alstom SA is down nearly 16% after guidance for fiscal year 2025-26 came in below expectations.
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