French stocks are up as trade tensions ease between US and China. President Trump softens stance on tariffs, saying everything will be “fine.” PM Lecornu unveils cabinet amid budget turmoil. CAC 40 up 0.52% at 7,959.00. Stellantis gains 3.7%, STMicroElectronics up 3.2%. ArcelorMittal and Publicis Groupe rise 2.35% and 2.15% respectively. Kering climbs 1.75%, Hermes International, Legrand, Saint Gobain up 1.5%. Renault, Euronext, LVMH, Vinci, EssilorLuxottica also higher. Thales, Michelin, Danone, Eurofins Scientific, Orange, BNP Paribas down between 0.25 to 0.8%.

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