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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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Japanese Market Sharply Lower
The Japanese stock market is sharply lower in post-holiday trading on Tuesday, extending the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling below the 47,550 level, with weakness in across most sectors led by exporters, financial and technology stocks.
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vor 1Std 18 Minuten
Australian Market Modestly Lower
The Australian stock market is trading modestly lower on Tuesday, adding to the losses in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 8,900 level, with weakness in energy, financial and technology stocks partially offset by gains in mining stocks.
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vor 2Std 1 Minuten
U.S. Dollar Advances Against Most Majors
The U.S. dollar strengthened against its most major counterparts in the New York session on Monday.
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vor 4Std 12 Minuten
Swiss Market Settles Slightly Up
After a spell in positive territory early on in the session on Monday, the Switzerland market struggled for support and drifted down into negative territory past mid afternoon, but finally managed to end the day's session slightly up.
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vor 8Std 20 Minuten
European Stocks Close Broadly Higher
European stocks closed higher on Monday as trade war worries eased a bit after U.S. President Donald Trump struck a conciliatory tone in a post on Truth Social over the weekend with regard to tariffs on Chinese goods.
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vor 8Std 41 Minuten
Euro Falls Amid Ongoing French Political Concerns
The euro weakened against other major currencies in the European session on Monday, as investors in Europe remain cautious, as they await word from France's new administration.
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vor 13Std 2 Minuten
Euro Falls Against Majors
The euro weakened against other major currencies in the European session on Monday.
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vor 14Std 0 Minuten
Fastenal Q3 Profit Climbs, But Misses Market View; Stock Down
Shares of Fastenal Co. were losing around 4 percent in the pre-market activity on the Nasdaq, after the company's's third-quarter profit missed market estimates, despite a growth. The provider of industrial and construction supplies recorded higher net sales, but inline with the Street view. Price contributed 240 to 270 basis points to growth, which was lower than expected.
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vor 14Std 14 Minuten
