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SANOFI beats the street but CAC 40 futures lower
The European stock markets will shortly reopen for the final live trading session of the week. Earlier this morning the Q3 results from the giant French drug market, SANOFI beat on analyst estimates, but just ahead of the CAC opening, the grey market share price is uncertain and that is weighing on the opening outlook for the index. Earlier this morning the CAC 40 futures were trying to rebound. The index closed yesterday at 7,503, with a gain of just 5 points on the session. That was also the low point of the day. The index is right now priced to open lower and currently close to 7,475. So it will be very interesting to see, if it can rebound yet again, or this time the downside prevails further.
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