India, July 23 -- French stocks are up firmly in positive territory on Wednesday, recovering well from recent losses. U.S. President Donald Trump's announcement about trade deals with Japan and Philippines has raised hopes the European Union will soon strike a deal with the U.S. ahead of the August 1 deadline.
The prospects of an EU-U.S. trade agreement improved after Trump said that EU representatives would come for trade negotiations on Wednesday.
"We have Europe coming in tomorrow, and the next day, we have some other ones coming in," Trump said late on Tuesday, without specifying details.
The benchmark CAC 40 was up 102.20 points or 1.32% at 7,846.61 a little while ago.
Stellantis is rising nearly 7%. Kering is gaining 3.85% and Tel...