CAC-40 Hovers Near Record High

RTTNews | il y a 868
CAC-40 Hovers Near Record High

(RTTNews) - The CAC-40 traded close to the high of 7552 amidst the positive sentiment triggered by China's GDP surprise that lifted luxury shares.

The CAC-40 is currently trading at 7,537.65, adding 0.53 percent from the previous close. The day's trading has been between 7,509.00 and 7548.57.

Of the 40 scrips in the index, only 9 are trading in negative territory.

Societe Generale rallied 2.3 percent. BNB Paribas, Capgemini, Kering and Renault gained more than 1.5 percent.

Pernod Ricard shed 1.6 percent. Airbus and Danone lost more than half a percent.

Waning demand for the Dollar caused the EUR/USD pair to rise 0.45 percent to 1.0975 and the Dollar Index or DXY to drop 0.39 percent to 101.71.

The ten-year bond yield has decreased 0.86 percent to 2.954% versus the previous close of 2.979%.

read more
U.S. Construction Spending Unexpectedly Edges Lower In July

U.S. Construction Spending Unexpectedly Edges Lower In July

A report released by the Commerce Department on Tuesday showed construction spending in the U.S. unexpectedly edged slightly lower in the month of July. The Commerce Department said construction spending slipped by 0.1 percent to an annual rate of $2.139 trillion in July after falling by 0.4 to a revised rate of $2.141 trillion in June.
RTTNews | il y a 1h 1min
Domino's Launches Two New Delectable Bread Bites Flavors

Domino's Launches Two New Delectable Bread Bites Flavors

Domino's Pizza, the largest pizza company in the world, announced the launch of two new Bread Bite flavors: Cinnamon and Garlic, to join Domino's Parmesan Bread Bites, adding to its line of oven-baked mouthwatering options for customers to enjoy.
RTTNews | il y a 1h 13min
U.S. Manufacturing Index Inches Up In Line With Estimates In August

U.S. Manufacturing Index Inches Up In Line With Estimates In August

The Institute for Supply Management released a report on Tuesday showing a slight increase by its reading on U.S. manufacturing activity in the month of August, although the index still indicated the sixth consecutive month of contraction.
RTTNews | il y a 1h 16min
CAC 40 Slips Amidst Fiscal Concerns

CAC 40 Slips Amidst Fiscal Concerns

A renewed focus on the fiscal situation in France dampened sentiment for the CAC 40 benchmark that tracks the 40 largest French stocks based on the Euronext Paris.
RTTNews | il y a 3h 11min
DAX Dips As Inflation Spike Hurts Sentiment

DAX Dips As Inflation Spike Hurts Sentiment

The DAX benchmark that tracks the performance of the 40 largest companies listed on the Frankfurt Stock Exchange is trading deep in the red amidst a higher-than-expected level of inflation reading from Euro Area.
RTTNews | il y a 4h 13min
Pound Slides After UK Starmer's Reshuffle

Pound Slides After UK Starmer's Reshuffle

The British pound weakened against other major currencies in the European session on Tuesday, amid rising concerns about the UK government's ability to maintain fiscal discipline. In order to meet her fiscal goals, Chancellor Rachel Reeves is anticipated to increase taxes in her autumn budget, which could likely weigh on economy.
RTTNews | il y a 5h 22min