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French stocks eked out modest gains on Wednesday, with strong earnings from Alphabet and Amazon.com as well as positive news related to Covid-19 vaccine supplies and U.S. stimulus plans helping underpin investor sentiment. <\/p>\n
Google parent Alphabet reported that its quarterly profit rocketed some 50 percent at the end of last year as its digital ad business<\/span> thrived.<\/p>\n Amazon has delivered its largest quarter by revenue of all time, generating $125.56 billion in sales.<\/p>\n The rollout of vaccines in many countries is gathering pace, with Russia announcing it would be able to vaccinate 700 million people with the Sputnik V coronavirus<\/span> jab this year.<\/p>\n Mexico plans to import about 870,000 doses of AstraZeneca’s Covid-19 vaccine from India in February. Elsewhere, White House Covid coordinator Jeff Zients said that 6,500 pharmacies will receive 1 million doses starting next week.<\/p>\n On the stimulus front, the U.S. Senate took steps on Tuesday to open the door for Democrats to push through the Covid-19 rescue package on their own, but bipartisanship was absent.<\/p>\n The benchmark CAC 40 rose 18 points, or 0.3 percent, to 5,580 after climbing 1.9 percent in the previous session. <\/p>\n Publicis Groupe shares surged 6.2 percent. After reporting better-than-expected organic growth in Q4, the advertising agency company said it will hand back all of the salary reductions that 6,000 higher-earning staff voluntarily took during the worst of the coronavirus downturn. <\/p>\n<\/p>\n Market Analysis<\/p>\n<\/div>\n