CAC 40 Subdued As US Midterm Election Results Roll In

RTTNews | vor 1004 Tagen
CAC 40 Subdued As US Midterm Election Results Roll In

(RTTNews) - French stocks were little changed on Wednesday as investors awaited the results of U.S. midterm elections, which will determine control of the House and Senate.

A split government is viewed as a more favorable outcome for financial markets.

The dollar edged higher ahead of the U.S. consumer price inflation report due on Thursday, which might suggest the path for interest rates ahead.

Economists expect a modest slowdown in the annual rate of consumer price growth, which could add to optimism about a slowdown in the pace of rate hikes.

The benchmark CAC 40 slipped 0.1 percent to 6.434 after closing 0.4 percent higher on Tuesday.

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Swiss Market Ends Marginally Up

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