French stocks were little changed in lackluster trade Tuesday as investors awaited more U.S. earnings for fresh insight into how companies are faring with inflation and supply-chain disruptions.
A spate of U.S. companies including Johnson & Johnson, Bank of New York Mellon, Travelers, Procter & Gamble, Philip Morris International and Netflix will report their quarterly earnings later in the day.
The benchmark CAC 40 was down 2 points at 6,670 after declining 0.8 percent the previous day.
Food group Danone fell nearly 2 percent. The company said that its third-quarter net sales grew 5.8 percent from last year. Sales grew 3.8 percent on a like-for-like basis.
The company reiterated 2021 guidance, expecting a return to profitable growth in the second half, and fiscal year recurring operating margin broadly in line with 2020.
CAC 40 Little Changed In Lackluster Trade
2021-10-19 09:17:55
