India, July 4 -- French stocks are turning in a weak performance on Friday, with investors making cautious moves ahead of the upcoming U.S. reciprocal tariff headline.
U.S. President Donald Trump's announcement that his administration will begin issuing forma letters on trade matters has raised concerns that the U.S. government will impose tariffs effective next week.
Weak French industrial output data is hurting as well.
The benchmark CAC 40 was down 64.97 points or 0.84% at 7,689.58 a few minutes ago. The index had dropped to 7,656.69 earlier in the session.
Teleperformance, Stellantis and Publicis Groupe are down 2 to 2.25%. LVMH, Kering, BNP Paribas, ArcelorMittal, Schneider Electric, STMicroElectronics, Dassault Systemes and Schnei...