CAC 40 Down 1.7% On Stocks Fall On Tariff Jitters

RTTNews | Před 59 dny
CAC 40 Down 1.7% On Stocks Fall On Tariff Jitters

(RTTNews) - The French stock market is down sharply a little past noon on Monday with investors pressing sales almost across the board amid rising fears of a global trade war following the U.S. President Donald Trump that he will likely impose duties on "essentially all" of the U.S.'s trading partners.

France's Trade Minister Laurent Saint-Martin has stressed that Europe must not be "pushed around" in a trade conflict it did not seek.

The benchmark CAC 40 was down 133.04 points or 1.68% at 7,783.04 a little while ago.

Among the constituents of CAC 40, only Orange is up in positive territory, gaining a little over 1%.

Teleperformance is down more than 5%. Societe Generale, Capgemini, Saint Gobain, Stellantis, Kering, Publicis Groupe and STMicroElectronics are declining 3 to 4%.

LVMH, Pernod Ricard, Renault, Schneider Electric, Accor, Michelin, Dassault Systemes, BNP Paribas, Airbus, Eurofins Scientific, ArcelorMittal, Edenred, Legrand, Sanofi and Hermes International are down 2 to 3%.

read more
Yen Falls As U.S. Court Blocks Trump's Tariffs

Yen Falls As U.S. Court Blocks Trump's Tariffs

The Japanese yen weakened against other major currencies in the Asian session on Thursday, after a U.S. federal court blocked U.S. President Donald Trump's attempt to impose sweeping reciprocal tariffs against its global trading partners under emergency powers, saying he exceeded his authority.
RTTNews | Před 2 h 55 min
European Shares Set To Open On Buoyant Note

European Shares Set To Open On Buoyant Note

European stocks may open on a buoyant note Thursday as chip giant Nvidia reported better-than-expected earnings and revenue, and a U.S. federal court blocked President Donald Trump's attempt to impose sweeping tariffs under emergency powers, dealing a blow to a key part of his economic agenda.
RTTNews | Před 3 h 38 min
Bank Of Korea Cuts Policy Rate By 25 Bps

Bank Of Korea Cuts Policy Rate By 25 Bps

The Bank of Korea lowered its benchmark rate by a quarter-point to mitigate downside pressure on the economy. The monetary policy board, governed by Rhee Chang Yong, unanimously decided to cut the Base Rate by 25 basis points to 2.50 percent. The bank had previously reduced the benchmark rate by a quarter-point in February.
RTTNews | Před 4 h 22 min
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Thursday.
RTTNews | Před 4 h 28 min
Sensex, Nifty Modestly Higher; IT Stocks Lead Gains

Sensex, Nifty Modestly Higher; IT Stocks Lead Gains

Indian shares opened on a firm note Thursday after technology giant Nvidia buoyed investors with a bullish outlook for the growth in artificial intelligence and the U.S. Court of International Trade blocked President Trump's proposed "Liberation Day" tariffs, saying he had overstepped his authority.
RTTNews | Před 5 h 0 min
Australian Market Slightly Trims Early Gains In Mid-market

Australian Market Slightly Trims Early Gains In Mid-market

The Australian market is slightly trimming its early gains in mid-market moves on Thursday, reversing the slight losses in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,400 level, with gains in energy and technology stocks partially offset by a mixed performance in mining and financial stocks.
RTTNews | Před 5 h 57 min