CAC 40 Struggles For Direction As Service Sector Contracts Again

RTTNews | il y a 631
CAC 40 Struggles For Direction As Service Sector Contracts Again

(RTTNews) - French stocks struggled for direction in early trade on Monday after Federal Reserve Chair Jerome Powell reiterated the central bank's stance to move carefully on rate cuts and a survey showed activity in France's services sector contracted for the eighth straight month in January.

The benchmark CAC 40 was marginally lower at 7,587 after finishing marginally higher on Friday.

Societe Generale rose slightly. The lender announced that the implementation of organizational changes would result in approximately 900 job cuts at its head office without forced departures.

Supermarket group Casino added 1.5 percent after confirming that it has received expressions of interest for its hypermarket and supermarket stores.

Automaker Renault jumped more than 3 percent on speculation over a potential combination with rival Stellantis.

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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 Tuesday, reversing the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 9,050 level, with weakness across most sectors led by gold miners and technology stocks. Financial stocks are the only bright spot.
RTTNews | il y a 1h 1min
Asian Markets Mixed Amid Cautious Trades

Asian Markets Mixed Amid Cautious Trades

Asian stock markets are mixed on Tuesday, following the positive cues from Wall Street overnight, as traders remain cautious and are reluctant to take major positions ahead of the monetary policy announcements from the European Central Bank, the US Fed and the Bank of Japan this week. Optimism about a potential U.S.-China trade deal and an interest rate cut by the Fed are aiding market sentiment.
RTTNews | il y a 1h 32min
Sensex, Nifty To See Muted Start

Sensex, Nifty To See Muted Start

Indian shares look set to open on a muted note Tuesday, tracking mostly weak cues from other Asian markets.
RTTNews | il y a 1h 54min
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is trading modestly lower on Tuesday, reversing some of the strong gains in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling below the 50,400 level, with a mixed performance across most sectors.
RTTNews | il y a 3h 1min
Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Tuesday, reversing to the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 9,050 level, with weakness across most sectors led by gold miners and technology stocks. Financial stocks are the only bright spot.
RTTNews | il y a 3h 32min
Swiss Market Ends Modestly Lower

Swiss Market Ends Modestly Lower

The Switzerland market closed on a weak note on Monday, after languishing in negative territory right through the day's trading session as investors remained hesitant to pick up stocks, choosing to wait for some crucial economic data, and the monetary policy announcements from several central banks.
RTTNews | il y a 10h 4min
European Stocks Close Mostly Higher On Easing Trade Tensions

European Stocks Close Mostly Higher On Easing Trade Tensions

European stocks closed on a positive note on Monday with investors focusing on the upcoming monetary policy announcements from several central banks, including the European Central Bank, the Federal Reserve and the Bank of Japan, and following the developments on U.S.-China trade front.
RTTNews | il y a 10h 20min