LONDON — European stock markets were down in mid-morning trading on Thursday, with the CAC 40 in Paris leading the way.
The French market fell 0.8 percent to 5,199.51, followed by the FTSE 100 in London, which was down 0.6 percent to 7,429.28. The DAX in Frankfurt declined 0.5 percent to 12,738.21, while the FTSE MIB in Milan sank 0.4 percent to 20,876.72.
The euro traded at $1.12, while the pound fetched $1.27 and the Swedish krona equaled $0.11 at 10:30 a.m. CET.
Retail and luxury stocks were mostly down, with the morning’s biggest fallers including Hennes & Mauritz, 3.7 percent to 204 Swedish kronor; Superdry parent SuperGroup, 2 percent to 15.34 pounds, and Marks & Spencer, 2.4 percent to 3.60 pounds.