CAC 40 Slips Into Red On China COVID Concerns

RTTNews | il y a 877
CAC 40 Slips Into Red On China COVID Concerns

(RTTNews) - French stocks fell in cautious trade on Monday, as investors avoided making big bets ahead of key U.S. inflation data as well as a trio of central bank meetings due this week.

Meanwhile, the relaxation of strict curbs has sparked concerns about a new wave of infections in China.

The benchmark CAC 40 dropped 29 points, or half a percent, to 6,646 after gaining half a percent on Friday.

China-exposed luxury firms such as LVMH and Hermes International were moving lower after a top government health adviser warned that the epidemic in China is spreading rapidly and that it will be difficult to completely cut off the transmission chain.

Sanofi SA shares fell 1.3 percent after the drug maker said it was no longer in discussions to buy Horizon Therapeutics.

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Sensex, Nifty Marginally Higher In Cautious Trade

Sensex, Nifty Marginally Higher In Cautious Trade

Indian shares were flat to slightly higher on Wednesday after the Indian Armed Forces launched precision missile strikes under 'Operation Sindoor', targeting nine terrorist sites in Pakistan and Pakistan-occupied Kashmir (PoK) in a strong response to the brutal Pahalgam terror attack.
RTTNews | il y a 34 minutes
Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending its early gains in mid-market moves on Wednesday, recouping some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying well below the 8,200 level, despite the broadly negative cues from Wall Street overnight, with gains across most sectors led by mining and technology stocks.
RTTNews | il y a 1h 37min
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Wednesday, despite the negative cues from Wall Street overnight, as traders react to China's central bank saying it would cut its key policy rate by 10 basis points and lower the reserve requirement ratio by 50 basis points to boost growth. There is also confirmation that U.S. and Chinese officials are set to start formal trade talks this week.
RTTNews | il y a 1h 51min
Sensex, Nifty Set To Drift Lower After Strike On Pakistan Terror Bases

Sensex, Nifty Set To Drift Lower After Strike On Pakistan Terror Bases

Indian shares look set to open lower on Wednesday after the Indian Armed Forces launched precision missile strikes under 'Operation Sindoor', targeting nine terrorist sites in Pakistan and Pakistan-occupied Kashmir (PoK) in a strong response to the brutal Pahalgam terror attack.
RTTNews | il y a 2h 19min
Japanese Market Slightly Lower

Japanese Market Slightly Lower

The Japanese stock market is trading slightly lower on Wednesday after opening in the green, snapping a seven-session winning streak, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 36,800 level, with weakness in exporters and automaker stocks partially offset by gains in technology and financial stocks.
RTTNews | il y a 3h 28min
Australian Market Slightly Higher

Australian Market Slightly Higher

Australian shares are trading slightly higher on Wednesday, recouping some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying below the 8,200 level, despite the broadly negative cues from Wall Street overnight, with gains across most sectors led by mining and financial stocks nearly offset by weakness in technology stocks.
RTTNews | il y a 3h 51min
U.S. Dollar Declines Against Majors

U.S. Dollar Declines Against Majors

The U.S. dollar fell against its major counterparts in the New York session on Tuesday, as investors awaited monetary policy decision from the Federal Reserve due on Wednesday.
RTTNews | il y a 9h 5min
Canadian Stocks Marginally Down In Cautious Trade

Canadian Stocks Marginally Down In Cautious Trade

Canadian stocks are turning in a mixed performance on Tuesday with investors largely refraining from making significant moves amid lingering concerns about tariffs and some weak earnings updates.
RTTNews | il y a 11h 24min