India, July 16 -- French stocks are largely subdued on Wednesday, weighed down by worries about trade due to tariffs, and weak earnings updates from semiconductor major ASML Holding and French automaker Renault.
The benchmark CAC 40, moving in a tight range between 7,736.17 and 7,774.44, was up 6.87 points or 0.09% at 7,773.08 a few minutes ago.
Renault is down more than 17% after the company issued a profit warning reported first-half figures that fell short of expectations.
The automaker's first-half revenue came in at €27.6 billion, broadly in line with expectations. However, the operating margin came in at 6%, which was about 12% below consensus.
Renault now expects an operating margin of around 6.5% for the full-year, down fr...