The Paris stock exchange was changing down Friday in early trade (-0.40%), the publication of some good results for French companies were not sufficient to offset the caution rule before the U.S. employment figures expected in the the afternoon.
At 9:22 (7:22 GMT), the CAC 40 index lost 12.79 points to 3210.57 points. The day before he had finished almost unchanged (-0.09%).
Placed on the wrong track by the fall of Wall Street yesterday, the Paris market was preparing for one of the most watched indicators each month, namely the unemployment figures and employment in April for the United States whose Publication is expected at 14:30.
"The employment numbers remain the key indicator of the week mixed against statistics in the United States", say the economists Aurel BGC.
"More than ever, the United States need many new jobs to feed the consumption of households and allow a return of confidence", especially after mixed indicators, they said.
Moreover, the markets expect the indicators in the euro zone, with PMI for April in services and retail trade for March, before the Sunday elections in France and Greece.
"The parliamentary elections in Greece is a major challenge for the entire euro area," strategists warn of Credit Mutuel-CIC, warning of danger "if they win and the extreme challenge to the funding program ".
For now, the Paris market was mainly digested a wave of corporate earnings.
BNP Paribas lost 1.12% to 28.77 euros despite a net profit up 9.6% and better than expected.
If Credit Agricole took 0.46% to 3.68 euros, Societe Generale lost 0.38% to 17.20 euros, banking stocks are still vulnerable by the situation in the eurozone.
Other publications were well received, like Lafarge (4.12% to 31.21 euros) which improved operational performance, although this trend is masked by the cost of restructuring companies.
Saint-Gobain gained 1.62% to 32.39 euros, with an increase of its turnover in the first quarter.
Veolia Environnement took 3.93% to 10.84 euros. The group announced a turnover in the first quarter up 4.6% and confirmed the objectives of its strategic plan.
Legrand (2.95% to 26.33 euros) took advantage of sales growth in the first quarter and Alstom (+0.84% at 27.68 euros) was supported by the publication of ambitious goals for the next three years
Air France-KLM lost 0.23% to 3.50 euros after posting a net loss of 368 million euros in the first quarter, stable year on year.
The publication of Steria (3.90% to 15.32 euros) was well received in contrast to that of CAM (-3.48% to 33.19 euros).
Edenred (-2.92% to 23.41 euros) Lowering of suffering from a recommendation to "sell" against "neutral" before by UBS.
Finally, let go EDF 0.31% to 16.26 euros while the group has obtained approval from the Italian stock policeman, Consob, to an improved offer to minority shareholders of Edison.