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CAC 40 Retreats On Fed Rate Hike Worries
(RTTNews) - French stocks declined on Thursday after the minutes of last month's Fed meeting, released overnight, quelled hopes of rate-hike cycle ending anytime soon.
The minutes showed that officials are laser-focused on controlling inflation despite mounting economic uncertainties.
The benchmark CAC 40 was down 40 points, or 0.6 percent, at 6,735 after rising 2.3 percent the previous day.
Technip Energies N.V. shares jumped 3.5 percent. The engineering and technology firm said that it has renewed a framework agreement contract for Project Management Consultancy by Kuwait Oil Company (KOC) for another five years.
The first five-year framework agreement was awarded to Technip Energies by KOC in 2014.
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FDA, CDC Probe Salmonella Outbreak As Around 1.70 Mln Dozen Brown Eggs Recalled
The U.S. Food and Drug Administration and the Centers for Disease Control and Prevention or CDC are investigating a Salmonella Enteritidis outbreak linked to brown eggs that sickened nearly 79 across 7 states. Associated with the ongoing probe, August Egg Co. recalled around 1.70 million dozen brown cage-free and brown certified organic eggs sold through Walmart and other retail locations.
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vor 3Std 39 Minuten
Bay Street May Open Slightly Higher
Canadian shares may open slightly higher on Monday amid optimism about some positive progress in U.S.-China trade talks. Energy stocks are likely to find some support on higher crude oil prices..
The U.S.-China discussions will aim to resolve some major trade disputes between the two major economies.
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vor 5Std 31 Minuten
FTSE 100 Down Marginally At Noon
The U.K. market is down marginally at noon on Monday with investors mostly making cautious moves amid a lack of triggers. The focus is on trade talks between the U.S. and Chinese officials in London. Weak Chinese exports data weighs on sentiment.
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vor 6Std 42 Minuten
CAC 40 Down Slightly In Lackluster Trade
French stocks are down slightly in lackluster trade on Monday with investors refraining from making significant moves as they await the high-level trade talks between U.S. and Chinese officials in London later in the day.
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vor 7Std 4 Minuten
DAX Down Over 0.5% In Cautious Trade
German stocks are down in negative territory on Monday as investors make cautious moves while awaiting crucial talks between U.S. and Chinese officials in London later in the day.
The discussions will aim to resolve some major trade disputes between the two major economies. Treasury Secretary Scott Bessent leads the U.S. delegation in the high-level trade talks.
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vor 7Std 24 Minuten
Sensex, Nifty End Modestly Higher; Banks And Financials Surge
Indian shares eked out modest gains on Monday as top officials from the U.S. and China meet in London later in the day to resolve their differences and ease rare-earth mineral tensions.
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vor 7Std 34 Minuten
Church & Dwight Recalls All Lots Of Zicam Nasal, Orajel Teething Swabs
Church & Dwight Co., Inc. has called back all lots of Zicam nasal swabs and Orajel baby teething swabs citing potential microbial contamination, according to the U.S. Food and Drug Administration. Cold remedy nasal swabs are a zinc-free, homeopathic cold remedy swab designed to shorten the duration of the common cold
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vor 8Std 2 Minuten
European Shares Little Changed Before Sino-US Trade Talks
European stocks were subdued on Monday as top officials from the U.S. and China meet in London later in the day to resolve their differences and ease rare-earth mineral tensions.
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vor 8Std 43 Minuten
