CAC 40 Dips Ahead Of Fed Minutes

RTTNews | hace 467
CAC 40 Dips Ahead Of Fed Minutes

(RTTNews) - French stocks edged lower on Wednesday as investors awaited AI chip leader Nvidia's earnings and the release of minutes of the Federal Reserve's recent meeting for direction.

Waning optimism over Chinese economic recovery and geopolitical uncertainties also kept investors on the sidelines.

The benchmark CAC 40 was down 46 points, or 0.6 percent, at 8,095 after ending 0.7 percent lower the previous day.

Automaker Renault traded lower despite new car sales in the EU rebounding sharply in April.

New car registrations rose 13.7 percent year-over-year to 913,995 units in April, reversing a 5.2 percent fall in March, industry data showed.

Banks traded mixed. BNP Paribas dropped half a percent while Credit Agricole and Societe Generale both were seeing modest gains.

read more
European Economic News Preview: UK Mortgage Approvals, House Price Data Due

European Economic News Preview: UK Mortgage Approvals, House Price Data Due

Mortgage approvals, house prices and final manufacturing Purchasing Managers' survey results from the UK are the top economic news due on Monday. At 2.00 am ET, the Office for National Statistics releases UK Nationwide house price data. Economists forecast house prices to rise 0.1 percent month-on-month in August, following a 0.6 percent rise in July.
RTTNews | hace 36 minutos
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Monday, extending the losses in the previous session, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 8,950.00 mark, with weakness in iron ore miners, energy, technology and financial stocks. Gold miners are the only bright spot.
RTTNews | hace 2h 57min
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Monday, following the broadly negative cues from Wall Street on Friday, dragged down by tumbling technology stocks that mirrored their peers on Nasdaq. Traders also are concerned about the renewed uncertainty about US President Donald Trump's reciprocal tariffs after a U.S. federal appeals court ruled that the majority of his sweeping tariffs were illegal.
RTTNews | hace 3h 13min
Thai Shares Tipped To Open Under Water On Monday

Thai Shares Tipped To Open Under Water On Monday

The Thai stock market turned lower again on Friday, one day after snapping the two-day slide in which it had slipped almost 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,235-point plateau and it's likely to open under pressure again on Monday.
RTTNews | hace 4h 24min
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Monday, extending the losses in the previous session, following the broadly negative cues from Wall Street on Friday, with the Nikkei 225 falling below the 42,300 level, with weakness across most sectors led by tumbling technology stocks. Automakers were the only bright spot.
RTTNews | hace 4h 40min