French stocks are moving in a tight band in positive territory Thursday morning with investors reacting to recent earnings updates and keenly focusing on the U.S.-China summit in Beijing, where the Presidents of the two nations will be discussing a slew of crucial issues, aiming to strengthen economic cooperation.
Optimism about AI following Cisco Systems reporting record fiscal Q3 2026 results and issuing a better-than-expected sales outlook contribute to the positive mood in the market.
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Market Analysis
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.