CAC 40 Declines As Bond Yields Surge

RTTNews | 35天前
CAC 40 Declines As Bond Yields Surge

(RTTNews) - French stocks tumbled on Tuesday as robust gains in March retail sales figures combined with upward revisions in the prior two months added to concerns about the outlook for U.S. interest rates.

Investors also pondered over a wider Middle East conflict. Israel is weighing possible response actions to Iran's aggression, but it is not clear if a decision has been made.

The benchmark CAC 40 was down 104 points, or 1.30 percent, at 7,941 after edging up 0.4 percent the previous day.

Amundi fell 1.5 percent. The subsidiary of banking major Credit Agricole SA and Victory Capital Holdings Inc., has signed a pact to combine Amundi US into Victory Capital.

Vallourec was down more than 2 percent. The steel tube products manufacturing company said it launched offering of $820 million Senior Notes due 2032.

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Samsung Names Young Hyun Jun CEO Of Semiconductor Business

Samsung Names Young Hyun Jun CEO Of Semiconductor Business

South Korean tech giant Samsung Electronics Co Ltd announced Tuesday the appointment of Young Hyun Jun as the new Head of Device Solutions unit. The move is expected to strengthen its semiconductor business and its competitiveness amid surge in chip demand, despite uncertain global business environment.
RTTNews | 4小時38分鐘前
European Economic News Preview: Eurozone Foreign Trade Data Due

European Economic News Preview: Eurozone Foreign Trade Data Due

Foreign trade and current account reports from the euro area are the top economic news due on Tuesday. At 2.00 am ET, Destatis is scheduled to issue Germany's producer prices data for April. Economists forecast producer prices to fall 3.2 percent on a yearly basis, following a 2.9 percent decrease in March.
RTTNews | 5小時26分鐘前
Sensex, Nifty Marginally Lower In Early Trade

Sensex, Nifty Marginally Lower In Early Trade

Indian shares traded slightly lower on Tuesday amid elevated geopolitical tensions and lingering uncertainty over the timing and pace of Fed rate cuts.
RTTNews | 7小時7分鐘前
Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are mostly lower on Tuesday, following the mixed cues from Wall Street overnight, amid lingering uncertainty about the outlook for interest rates, with some US Fed officials warning the central bank may still need to raise rates if inflation persists. Traders also seemed reluctant to make more significant bets ahead of the release of the minutes of the latest Fed meeting.
RTTNews | 7小時56分鐘前
Japanese Market Slightly Higher

Japanese Market Slightly Higher

Adding the gains in the previous session, the Japanese stock market is slightly higher on Tuesday, with the Nikkei 225 moving above the 39,100 level, following the mixed cues from Wall Street overnight, with gains in some Index heavyweights and technology stocks.
RTTNews | 8小時51分鐘前
Sensex, Nifty Seen Higher At Open

Sensex, Nifty Seen Higher At Open

Indian shares are seen opening flat to higher on Tuesday despite mixed global cues, elevated geopolitical tensions and lingering uncertainty over the timing and pace of Fed rate cuts.
RTTNews | 8小時53分鐘前
Thai Stock Market Called Higher On Tuesday

Thai Stock Market Called Higher On Tuesday

The Thai stock market on Monday ended the two-day winning streak in which it had picked up more than a dozen points or 0.9 percent. The Stock Exchange of Thailand now sits just beneath the 1,380-point plateau although it's expected to open to the upside on Tuesday. The global forecast for the Asian markets is cautiously optimistic, with strength likely from the technology shares. The European markets were up and the U.S. bourses were mixed and the Asian markets are tipped to open to the upside.
RTTNews | 9小時16分鐘前