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CAC 40 Slips Amid Geopolitical Tensions
(RTTNews) - French stocks were subdued on Tuesday amid much uncertainty about the rate outlook in Europe and the United States.
Geopolitical tensions also remained in focus after Russian President Vladimir Putin acknowledged for the first time that "radical Islamists" were responsible for last week's attack on a concert hall outside Moscow and that Ukraine was also somehow involved.
"We know that the crime was committed by the hands of radical Islamists, whose ideology the Islamic world itself has been fighting for centuries", Putin said in a televised meeting.
The benchmark CAC 40 was down 11 points, or 0.1 percent, at 8,140 after finishing marginally lower the previous day.
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Swiss Market Ends Marginally Up
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European Stocks Close Weak
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Canadian Stocks Turning In Mixed Performance; TSX Down Marginally
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U.S. Pending Home Sales Fall More Than Expected In July
A report released by the National Association of Realtors on Thursday showed pending home sales in the U.S. fell by more than expected in the month of July. NAR said its pending home sales index decreased by 0.4 percent to 71.7 in July after sliding by 0.8 percent to 72.0 in June. Economists had expected pending home sales to edge down by 0.1 percent.
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Eurozone Economic Confidence Weakens In August
Eurozone economic sentiment softened unexpectedly in August as only industry and retail trade showed improvements, survey results from the European Commission showed Thursday. The economic sentiment indicator slid to 95.2 in August from a revised 95.7 in the previous month. The score was forecast rise to 96.0.
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Walgreen Co. Now Operating As Private Standalone Company Under Sycamore Partners
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