India, July 2 -- French stocks are up firmly in positive territory on Wednesday, recovering well from previous session's losses. Investors are continuing to focus on the developments on the trade front ahead of the July 9 deadline for U.S.' reciprocal tariffs.
The focus is also on ECB President Christine Lagarde's speech at the central bank's forum in Portugal later in the day.
The benchmark CAC 40 was up 87.17 points or 1.15% at 7,749.76 a few minutes ago.
ArcelorMittal is gaining 5.3%. STMicroElectronics is up 3.7%. LVMH, Kering and Renault are up 2.8 to 3%. Teleperformance, Credit Agricole, Total Energies and BNP Paribas are gaining 2.2 to 2.6%.
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