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 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.