CAC 40 opens lower as Michelin, Pernod Ricard slip
CAC 40 is dropping 25 points at the open. Biggest drags include Michelin (-1.54%), Pernod Ricard (-1.33%) and Orange (-1.19%), while gainers include STMicroelectronics (3.23%), Legrand (1.13%) and Renault (1.12%).