India, April 23 -- French stocks are up sharply on Wednesday with investors reacting to U.S. President Donald Trump's softer tone toward Federal Reserve Chair Jerome Powell, and his admission that the 145% tariffs on China are "very high" and they will come down substantially.
Investors are also digesting corporate earnings updates, and data on France's manufacturing and services sector activity.
The benchmark CAC 40 was up 176.78 points or 2.41% at 7,503.25 a few minutes ago.
Eurofins Scientific is up nearly 8.5% thanks to the company reporting a near 7% surge in first-quarter revenue at euro 1,767 million. Organic revenue growth was up 3.9% in the first-quarter.
Schneider Electric, ArcelorMittal, STMicroElectronics, Airbus, Saint Goba...