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CAC 40 Slips Into Red In Lackluster Trade
(RTTNews) - French stocks fell on Monday as a stronger-than-anticipated U.S. jobs report released on Friday revived worries about the pace of U.S. rate hikes.
Meanwhile, latest PMI data released by S&P Global showed little change to the initial estimates that showed business activity across France's service sector fell in November, marking the first contraction since March 2021.
The composite PMI came in at 48.7 versus 48.8 preliminary. The final services PMI dropped to 49.3 versus the flash estimate of 49.4.
The benchmark CAC 40 was down 12 points, or 0.2 percent, at 6,730, recouping some early losses.
The euro hit a fresh six-month high against the dollar on concerns about a widening policy gap between the U.S. and Europe.
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UK Job Placements Fall; Staff Availability Rises Sharply
UK permanent job placements declined at a softer pace and candidate supply increased sharply amid falling demand for staff in September, monthly data from S&P Global showed Friday. Permanent staff appointments dropped at the weakest pace in a year in September. That said, employers were hesitant to take on new workers due to weaker economic conditions and cost concerns, the KPMG/REC Report on Jo
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Před 40 minutami
European Economic News Preview: Italy Industrial Output Data Due
Industrial production from Italy is due on Friday, headlining a light day for the European economic news. At 2.00 am ET, Statistics Norway releases consumer price figures for September. Inflation is forecast to remain unchanged at 3.5 percent. Simultaneously, Statistics Sweden is scheduled to publish its GDP, household spending, and industrial production reports.
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Před 2 h 25 min
European Shares May Drift Lower At Open
European stocks are seen opening broadly lower on Friday as investors cope with heightened political uncertainty in France and await cues from the quarterly earnings season.
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Před 2 h 25 min
Sensex, Nifty Tad Higher In Early Trade
Indian shares opened a tad higher on Friday despite weak cues from global markets and disappointing earnings results from the likes of TCS and Tata Elxsi.
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Před 3 h 32 min
Australian Market Trims Early Losses In Mid-market
The Australian stock market is trimming its early losses in mid-market moves on Friday, reversing the gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is well below the 9,000 mark, with weakness in mining and energy stocks partially offset by gains in financial and technology stocks.
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Před 4 h 28 min
Asian Markets Track Wall Street Lower
Asian markets are trading mostly lower on Friday, following the broadly negative cues from Wall Street overnight, on waning optimism over the outlook for interest rate amid concerns about the ongoing U.S. government shutdown, which entered its ninth day with no end in sight. The economic impact of a prolonged suspension of non-essential government services may be starting to weigh on the markets.
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Před 4 h 58 min
Sensex, Nifty Seen Lower With Earnings In Focus
Indian shares look set to open on a sluggish note Friday after TCS and Tata Elxsi reported disappointing earnings results.
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Před 5 h 35 min
Thai Shares Expected To Remain Rangebound On Friday
The Thai stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day winning streak in which it had climbed almost 20 points or 1.6 percent. The Stock Exchange of Thailand now sits just beneath the 1,315-point plateau and it's likely to open under water again on Friday.
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Před 6 h 2 min
