LONDON — Europe’s major stock markets were in retreat in midmorning trading on Tuesday, following a long holiday weekend in the U.K. and the U.S.

The DAX in Frankfurt lost the most, falling 0.5 percent to 10,285.19, followed by the CAC 40 in Paris, 0.4 percent to 4,511.35, and the FTSE MIB in Milan, 0.3 percent to 18,238.99. The FTSE 100 in London was down 0.2 percent to 6,260.78.

The euro traded at $1.11, while the pound fetched $1.46 and the Swiss franc equaled $1.01 at 10:25 a.m. CET.

Retail and luxury stocks were mostly down, with the exception of French Connection, which climbed 2 percent to 0.39 pounds and Safilo Group, 1.9 percent to 6.86 euros.

Among the morning’s biggest fallers were Ted Baker, 2.8 percent to 24.03 pounds;, 2.7 percent to 0.51 pounds; Gemfields, 2.5 percent to 0.41 pounds; Next, 1 percent to 54.79 pounds, and Moncler, 1.1 percent to 14.98 euros.

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