CAC 40 Slides In Cautious Trade

RTTNews | Před 1057 dny
CAC 40 Slides In Cautious Trade

(RTTNews) - French stocks were moving lower on Friday, even as a survey showed France's private sector growth unexpectedly improved in September driven by the services activity.

The composite output index rose to 51.2 in September from a 17-month low of 50.4 in August, according to flash survey results from S&P Global. The reading was forecast to fall to 49.8.

The service sector was the sole driver of the expansion in September in a stark contrast to the trend in the manufacturing sector.

The flash services Purchasing Managers' Index advanced to 53.0 from 51.2 in the previous month.

The benchmark CAC 40 fell 43 points, or 0.7 percent, to 5,875 after tumbling 1.9 percent on Thursday.

Ophthalmic company EssilorLuxottica was moving lower after launching its share buyback program.

read more
U.S. Consumer Sentiment Unexpectedly Deteriorates In August

U.S. Consumer Sentiment Unexpectedly Deteriorates In August

Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of August, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index fell to 58.6 in August from 61.7 in July. Economists had expected the index to inch up to 62.0.
RTTNews | Před 14 minutami
U.S. Industrial Production Pulls Back Slightly In July

U.S. Industrial Production Pulls Back Slightly In July

A report released by the Federal Reserve on Friday showed a modest decrease by U.S. industrial production in the month of July. The Fed said industrial production edged down by 0.1 percent in July after climbing by an upwardly revised 0.4 percent in June. Economists had expected industrial production to come in unchanged.
RTTNews | Před 43 minutami
New York Manufacturing Index Unexpectedly Climbs To Nine-Month High In August

New York Manufacturing Index Unexpectedly Climbs To Nine-Month High In August

The Federal Reserve Bank of New York released a report on Friday showing regional manufacturing activity unexpectedly grew at a faster rate in the month of August. The New York Fed said its general business conditions index climbed to 11.9 in August from 5.5 in July, with a positive reading indicating growth. Economists had expected the index to fall to 0.5.
RTTNews | Před 1 h 8 min
U.S. Import Price Growth Exceeds Estimates In July

U.S. Import Price Growth Exceeds Estimates In July

The Labor Department released a report on Friday showing import prices in the U.S. increased by more than expected in the month of July. The report said import prices climbed by 0.4 percent in July after a downwardly revised 0.1 percent dip in June. Economists had expected import prices to inch up by 0.1 percent, matching the 0.1 percent uptick originally reported for the previous month.
RTTNews | Před 1 h 42 min
U.S. Retail Sales Climb 0.5% In July, In Line With Estimates

U.S. Retail Sales Climb 0.5% In July, In Line With Estimates

A report released by the Commerce Department on Friday showed retail sales in the U.S. increased in line with economist estimates in the month of July. The Commerce Department said retail sales climbed by 0.5 percent in July after jumping by an upwardly revised 0.9 percent in June.
RTTNews | Před 2 h 15 min