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CAC 40 Little Changed After Friday's Rally

RTTNews | hace 862

CAC 40 Little Changed After Friday's Rally

(RTTNews) - French stocks were flat to slightly higher on Monday after posting strong gains in the previous session on easing worries about the Fed's interest-rate hiking path.

China reopened its borders for international travel, helping underpin investor sentiment to some extent.

The benchmark CAC 40 was marginally higher at 6,862 after adding 1.5 percent on Friday.

Ipsen fell about 1 percent after the biopharmaceutical company entered into a merger deal with Albireo, a rare disease company focused on the development of bile acid modulators to treat pediatric and adult liver diseases.

Automaker Renault fell 1.6 percent as it announced the success of its Renaulution Shareplan for Group employees. Telecom major Orange S.A. dropped 1.4 percent after it signed a memorandum of understanding with Canal+ Group, a mass media firm, to sell OCS pay TV package and Orange Studio, the film and series co-production arm.

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Canadian Dollar Rises As Inflation Climbs

Canadian Dollar Rises As Inflation Climbs

The Canadian dollar advanced against its most major counterparts in the New York session on Tuesday, after a data showed that inflation accelerated in April.

RTTNews | hace 6h 32min

Swiss Market Ends Modestly Higher

Swiss Market Ends Modestly Higher

The Switzerland market suffered a mild setback in early trades on Tuesday, but recovered soon and then stayed firm right till the end of the session to finish with a modest gain. Investors tracked corporate news and the developments on the geopolitical front.

RTTNews | hace 7h 20min

European Stocks Recover After Weak Start, Close Broadly Higher

European Stocks Recover After Weak Start, Close Broadly Higher

European stocks closed broadly higher on Tuesday amid easing tariff worries, and expectations that Russia and Ukraine would soon begin ceasefire negotiations. The UK-EU trade agreement on Monday contributed as well to the positive mood in European markets.

RTTNews | hace 7h 40min

TSX Extends Gains To 10th Straight Session, Hits New Record High

TSX Extends Gains To 10th Straight Session, Hits New Record High

Canadian shares are up in positive territory Tuesday morning, extending gains to a tenth straight session, amid easing concerns about tariffs, and some brisk buying in gold stocks on safe-haven appeal following Moody's downgrading U.S. credit rating, citing debt concerns. Investors are also digesting a report showing a drop in Canada's annual inflation rate.

RTTNews | hace 9h 11min

Honda Cuts EV Sales, Investment Targets As It Shifts Focus

Honda Cuts EV Sales, Investment Targets As It Shifts Focus

Honda Motor Co., Ltd. announced Tuesday that it is realigning automobile business strategy, with a cut in planned electric vehicle or EV sales ratio, and investment for automobile electrification due to the recent market slowdown. Meanwhile, Honda expects a minimal increase in investment related to Hybrid Electric Vehicle or HEV business.

RTTNews | hace 10h 11min

Bay Street Likely To Open On Cautious Note; Inflation Data In Focus

Bay Street Likely To Open On Cautious Note; Inflation Data In Focus

The Canadian market is likely to see a cautious start Tuesday morning with investors reacting to the nation's consumer price inflation data.

RTTNews | hace 12h 41min

U.S. Dollar Slides Amid U.S. Tariff Uncertainty

U.S. Dollar Slides Amid U.S. Tariff Uncertainty

The U.S. dollar weakened against other major currencies in the European session on Tuesday, due to fiscal and economic concerns amid uncertainties about U.S. tariffs.

RTTNews | hace 13h 7min

FTSE 100 Moderately Higher As Investors Focus On Earnings

FTSE 100 Moderately Higher As Investors Focus On Earnings

U.K. stocks are up in positive territory on Tuesday, extending gains to a fourth straight session. The focus largely on corporate earnings updates, and the developments on the trade front.

RTTNews | hace 13h 55min

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