CAC 40 Edges Up As Bond Yields Slip Ahead Of Central Bank Meetings
(RTTNews) - French stocks were a tad higher on Friday as Treasury yields dipped ahead of central bank meetings in the U.S., Europe and Japan next week.
The euro traded close to weekly lows against the dollar while bond yields eased somewhat after spiking in the previous session after the release of U.S. weekly jobless claims data.
The benchmark CAC 40 was up 14 points, or 0.2 percent, at 7,398 after climbing 0.8 percent on Thursday.
Technology firm Thales Group shares slumped 4.4 percent after tech stocks succumbed to heavy sell-off on Wall Street overnight.
The company upgraded its full-year revenue forecast after reporting first-half sales and earnings ahead of analysts' expectations.
Sartorius Stedim Biotech rallied 3.3 percent. The biopharmaceutical solutions provider confirmed its fiscal 2023 forecast despite uncertainties that remain high due to global political and economic situation.
Japan Data On Tap For Friday
Euro Climbs Against Majors
Swiss Market Ends Marginally Up
European Stocks Close Weak
Canadian Stocks Turning In Mixed Performance; TSX Down Marginally
U.S. Pending Home Sales Fall More Than Expected In July
Eurozone Economic Confidence Weakens In August
