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European Shares Edge Up In Cautious Trade Despite Trump Tariffs

RTTNews | il y a 5h 2min

European Shares Edge Up In Cautious Trade Despite Trump Tariffs

(RTTNews) - European stocks traded higher on Friday despite U.S. President Donald Trump's latest tariff threats.

The pan European Stoxx 600 edged up by 0.2 percent to 551.35 after falling 0.7 percent on Thursday amid tariff and rate jitters.

The German DAX added 0.2 percent, France's CAC 40 gained 0.4 percent and the U.K.'s FTSE 100 rose half a percent.

Shares in Brunello Cucinelli slumped 4.4 percent to extend losses from the previous session after a short seller accused the company of misleading shareholders and regulators about its Russia operations, which the Italian cashmere brand denied.

Volvo shares were up 2.8 percent in Stockholm, while Frankfurt-listed Daimler Truck tumbled 3.1 percent and Traton declined 2.3 percent after Trump proposed 25 percent tariff on heavy trucks.

Pharma stocks such as AstraZeneca and Roche were little changed.

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U.S. Consumer Price Growth Matches Estimates In August

U.S. Consumer Price Growth Matches Estimates In August

The Commerce Department released a report on Friday showing consumer prices in the U.S. increased in line with economist estimates in the month of August. The report said the personal consumption expenditures (PCE) price index climbed by 0.3 percent in August after rising by 0.2 percent in July. The price growth matched expectations.

RTTNews | il y a 38 minutes

Sunbeam Products Recalls 1.3 Mln Oster French Door Countertop Ovens

Sunbeam Products Recalls 1.3 Mln Oster French Door Countertop Ovens

Atlanta, Georgia-based Sunbeam Products Inc. is recalling around 1.3 million units of Oster French Door Countertop Ovens citing risk of burn, according to the U.S. Consumer Product Safety Commission. The products, manufactured in China, were imported by Sunbeam and sold at Bed Bath and Beyond, Costco, Walmart and other stores and online.

RTTNews | il y a 1h 14min

U.S. PCE Price Index Increases In Line With Estimates In August

U.S. PCE Price Index Increases In Line With Estimates In August

The Commerce Department released a report on Friday showing consumer prices in the U.S. increased in line with economist estimates in the month of August.

RTTNews | il y a 1h 52min

Bay Street Seen Opening Flat; Canada GDP Data, US PCE Reading Eyed

Bay Street Seen Opening Flat; Canada GDP Data, US PCE Reading Eyed

Canadian shares are likely to open on a somewhat flat note Friday morning. However, U.S. personal income and spending data, which includes the Fed's preferred readings on consumer price inflation, and Canadian GDP data - both due before the opening bell - could significantly impact sentiment.

RTTNews | il y a 2h 27min

FTSE 100 Rises Over 0.5%

FTSE 100 Rises Over 0.5%

After a flat start, U.K. stocks have gained some ground in positive territory on Friday with investors largely shrugging of an announcement of a fresh round of tariffs by U.S. President Donald Trump.

RTTNews | il y a 2h 43min

CAC 40 Modestly Higher Despite Trump's New Tariff Announcement

CAC 40 Modestly Higher Despite Trump's New Tariff Announcement

After back to back losses, the French market is up in positive territory on Friday with investors picking up stocks, shrugging off U.S. President Donald Trump's announcement of a fresh round of tariffs.

RTTNews | il y a 3h 32min

DAX Rises Despite Trump Proposing New Tariffs

DAX Rises Despite Trump Proposing New Tariffs

The German market is modestly higher Friday afternoon with investors picking up stocks despite Trump administration's announcement of a new round of tariffs that will take effect from October 1st.

RTTNews | il y a 3h 51min

Sensex, Nifty Extend Losses For Sixth Day Amid IT, Pharma Selloff

Sensex, Nifty Extend Losses For Sixth Day Amid IT, Pharma Selloff

Indian shares fell sharply in a broad-based sell-off on Friday amid persistent FII selling and U.S. President Donald Trump's latest tariff threats.

RTTNews | il y a 4h 13min

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