India, May 7 -- French stocks are down in negative territory Wednesday morning with investors making cautious moves, reacting to earnings, and awaiting the Federal Reserve's monetary policy announcement, due later in the day.
The benchmark CAC 40 was down 46.40 points or 0.6% at 7,650.52 a few minutes ago.
Sanofi is down 3.4% and Eurofins Scientific is declining 2.4%, while Veolia Environment is lower by about 2%. Veolia Environnement reported first quarter EBITDA of 1.69 billion euros, a 5.5% organic growth from a year ago. Current EBIT was up 8.4%, to 915 million euros.
L'Oreal, Essilor, Air Liquide, Unibail Rodamco, TotalEnergies, Edenred, Bouygues, Michelin and Renault are down 4 to 1%.
Legrand is rising nearly 2.5%. Legrand S.A. (L...