LONDON – Europe’s stock markets were down in mid-morning trading on Friday, with the CAC 40 in Paris leading the way.

The French market was down 1.3 percent to 4502.69, followed by the DAX in Frankfurt, 1.1 percent to 10,422.20, and the FTSE MIB in Milan, 1 percent to 16,933.55. The FTSE 100 in London fell 0.9 percent to 6,693.25.

The euro traded at $1.06, while the pound fetched $1.26, and the Swiss franc, $0.99 at 10:20 a.m. CET.

Retail and luxury stocks were also down, with the morning’s biggest fallers including Yoox Net-a-porter Group, 2.1 percent to 24.89 euros;, 1.8 percent to 47.75 pounds; Tod’s, 1.8 percent to 53.40 euros; Moncler, 1.9 percent to 15.14 euros; and Hennes & Mauritz, 2 percent to 260.80 Swedish kronor, or $28.25.

Among the very few stocks to gain ground was Britain’s Bonmarche Holdings, which climbed 3.7 percent to 1 pound.

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