India, July 10 -- French stocks are gaining some ground in positive territory on Thursday amid rising hopes the European Union will strike a trade deal with the U.S. sometime soon.
EU trade chief Maros Sefcovic said there was good progress on a framework trade agreement and a deal may even be possible within days.
Investors are shrugging off U.S. President Donald Trump's decision to impose a 50% tariff on copper imports, along with a separate levy on Brazlian goods. The levies will take effect on August 1.
The benchmark CAC 40 was up 48.19 points or 0.61% at 7,926.65 a few minutes ago.
Pernod Ricard is gaining about 3.6%. Dassault Systemes is climbing up 3.1% and ArcelorMittal is up 2.7%. Capgemini and Kering are up 2.3% and 2.1%, respe...