The French market is trading higher on Wednesday, as investors remained resilient after Germany's first-quarter GDP Growth missed forecast and France entered recession.
The German economy narrowly escaped recession in the first quarter of 2013, but the growth was weaker than forecast, as the country's coldest winter in a century adversely affected economic activity. Meanwhile, France slipped into a recession amid flagging investment and exports.
Separately, Eurozone's economy contracted more than expected by economists, preliminary data from Eurostat showed.
The Euro Stoxx 50 index of eurozone bluechip stocks is gaining 0.43 percent, while the Stoxx Europe 50 index, which includes some major U.K. companies, is adding 0.44 percent.
The CAC 40 index is currently gaining 0.2 percent.
Carmaker Renault is adding close to 5 percent. Lenders Credit Agricole and Societe Generale are gaining 3.6 percent and 2.2 percent, respectively. JPMorgan upgraded Credit Agricole to ''Overweight'' from ''Neutral.''
EADS is up 2 percent. The Airbus maker was raised to ''Strong Buy'' from ''Buy'' at S&P Equity.
Vivendi is losing 2.7 percent and Technip is falling around 1 percent.
Elsewhere in Europe, the German DAX and and the UK's FTSE 100 are making small gains while Switzerland's SMI is adding 1 percent.
Across Asia/Pacific, markets were mostly higher. China's Shanghai Composite Index rose 0.4 percent and Hong Kong's Hang Seng gained 0.5 percent, while Japan's Nikkei 225 climbed 2.3 percent. Meanwhile, Australia's All Ordinaries fell 0.6 percent.
In the U.S., futures point to a mixed open on Wall Street. Across the Atlantic, traders will likely keep an eye on reports on producer price inflation, industrial production and homebuilder confidence for clues about whether the Fed would taper back its $85 billion quantitative easing program.
In the previous session, stocks posted notable gains on optimism the U.S. economy is gaining traction. The Dow rose 0.8 percent and the S&P 500 added a percent to new record highs, while the tech-heavy Nasdaq gained 0.7 percent to set another fresh twelve-year high.
In the commodity space, crude for June delivery is falling $0.69 to $93.52 per barrel and June gold is losing $14.8 to $1409.7 a troy ounce.
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Market Analysis
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.