CAC 40 Gains As Investors Wait For Fed Speeches

RTTNews | Před 684 dny
CAC 40 Gains As Investors Wait For Fed Speeches

(RTTNews) - French stocks advanced on Friday as Treasury yields held steady after declining Thursday on the back of soft U.S. economic data.

The U.S. economic calendar is relatively quiet today, with a report on new residential construction along with remarks by several Fed officials likely to garner investor attention.

Closer home, Eurostat releases euro area final HICP data for October.

Inflation is forecast to ease to 2.9 percent, as initially estimated, from 4.3 percent in September.

The benchmark CAC 40 climbed 53 points, or 0.7 percent, to 7,223 after declining 0.6 percent in the previous session.

China-related LVMH and Kering rose 1 percent and 1.6 percent, respectively helped by the apparent easing of tensions between the United States and China.

read more
Australia Trade Data On Tap For Thursday

Australia Trade Data On Tap For Thursday

Australia will on Thursday release August figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. In July, imports were down 1.3 percent on month and exports rose 3.3 percent for a trade surplus of A$7.310 billion.
RTTNews | Před 58 minutami
U.S. Mortgage Applications Decline - MBA

U.S. Mortgage Applications Decline - MBA

U.S. mortgage applications decreased in the week ended September 26 after rising in the previous three weeks, latest survey data from the Mortgage Bankers Association showed on Wednesday.
RTTNews | Před 2 h 38 min
TSX Pares Some Gains After Posting New Record High

TSX Pares Some Gains After Posting New Record High

The Canadian benchmark index S&P/TSX Composite climbed to a new record high on Wednesday, supported by gains in technology, healthcare and mining stocks. The mood in the market remains positive despite another contraction in Canadian manufacturing activity, and a partial US government shutdown that is threatening to delay the crucial jobs data this week.
RTTNews | Před 4 h 44 min
Swiss Market Ends On Upbeat Note

Swiss Market Ends On Upbeat Note

The Switzerland market closed on an upbeat note on Wednesday, as pharma majors Roche and Novartis rallied sharply amid easing tariff concerns after Pfizer struck a deal with the Trump administration to allow patients to purchase discounter prescription drugs through a new federal website.
RTTNews | Před 5 h 15 min
European Markets Close On Buoyant Note

European Markets Close On Buoyant Note

Despite the U.S. federal government officially shutting down after the Senate failed to reach an agreement on a last-minute spending bill, European stocks closed on a strong note on Wednesday, led by gains in the healthcare sector.
RTTNews | Před 5 h 31 min
U.S. Manufacturing Index Inches Higher In September But Still Indicates Contraction

U.S. Manufacturing Index Inches Higher In September But Still Indicates Contraction

A report released by the Institute for Supply Management on Wednesday showed its reading on U.S. manufacturing activity crept slightly higher in September but continued to indicate contraction. The ISM said its manufacturing PMI edged up to 49.1 in September from 48.7 in August, although a reading below 50 still indicates contraction. Economists had expected the index to inch up to 49.0.
RTTNews | Před 8 h 24 min
Elon Musk's XAI Is Working On Wikipedia Rival Grokipedia

Elon Musk's XAI Is Working On Wikipedia Rival Grokipedia

Billionaire Elon Musk announced that his artificial intelligence startup X.AI Corp., doing business as xAI, is creating Grokipedia, an AI-driven alternative to Wikipedia, powered by the company's Grok AI chatbot.
RTTNews | Před 8 h 54 min