India, July 31 -- After a fairly bright start, the French market retreated and slipped into negative territory on Thursday, stocks turning in a mixed performance amid a slew of earnings reports. Investors are also digesting the latest batch of economic data from the region, and reacting to the developments on the trade front as well.

The benchmark CAC 40, which climbed to 7,906.37 earlier in the day, was down 26.17 points or 0.33% at 7,835.79 a few minutes ago.

Societe Generale is up 6% thanks to stronger-than-expected second-quarter earnings. BNP Paribas is gaining about 1.3%.

Air France-KLM is gaining more than 3%, lifted by higher second-quarter profits. Legrand is ganing about 4% on impressive earnings.

Safran is up with a gain of n...