India, Feb. 27 -- The French stock market is down in negative territory Thursday morning as fresh tariff threats by U.S. President Donald Trump render the mood bearish. The market is also digesting a slew of corporate earnings updates.
The U.S. President announced on Wednesday that he would impose a 25% tariff on European cars and other goods imported into America.
The benchmark CAC 40, which dropped to 8,075.27 in early trades, was down 20.69 points or 0.25% at 8,123.23.
Publicis Groupe is down more than 3% and Stellantis is declining nearly 3%. Teleperformance is declining 2.2%, while Capgemini, Eurofins Scientific, Accor, Dassault Systemes, Danone, Unibail Rodamco, Pernod Rircard and Airbus Group are lower by 0.8 to 2%.
AXA is down b...