CAC 40 Moderately Lower In Cautious Trade

RTTNews | 77天前
CAC 40 Moderately Lower In Cautious Trade

(RTTNews) - French stocks are under a bit of pressure on Wednesday amid uncertainty about Ukraine-Russia peace talks, and a lack of positive progress on the trade front. The recent downgrade of U.S. sovereign credit rating by Moody's weigh as well on investor sentiment.

Investors are also closely monitoring discussions on the U.S. budget bill and federal deficit.

The benchmark CAC was down 58.88 points or 0.74% at 40 7,883.54 a little while ago.

Kering and LVMH, both are down nearly 2%. Hermes International, Saint Gobain and Stellantis are down 1.7%, 1.6% and 1.5%, respectively.

Teleperformance, Schneider Electric, STMicroElectronics, Michelin, Legrand, Pernod Ricard, Essilor, Air Liquide, Publicis Groupe and Safran are lower by 0.5 to 1.3%.

Edenred, Carrefour, BNP Paribas, Thales, Veolia Environment and Capgemini are up with modest gains.

read more
India Holds Key Interest Rates Steady As Trade Tensions Escalate

India Holds Key Interest Rates Steady As Trade Tensions Escalate

The Reserve Bank of India left its key interest rates unchanged on Wednesday after an aggressive cut in June as the economy faces another threat from the US due to its Russian oil imports. The RBI Monetary Policy Committee, led by Governor Sanjay Malhotra, unanimously decided to hold the policy repo rate at 5.50 percent. The bank had reduced the rate by 50 basis points in June.
RTTNews | 1小時17分鐘前
Bay Street Looks Set To Extend Upmove

Bay Street Looks Set To Extend Upmove

Canadian shares look headed for a positive start on Wednesday, riding on some impressive corporate earnings updates, and higher oil prices. The focus will also be on the developments on the trade front.
RTTNews | 2小時45分鐘前
Eurozone Retail Sales Recover In June

Eurozone Retail Sales Recover In June

Euro area retail sales rebounded in June suggesting that household spending likely supported economic growth in the second quarter, official data revealed on Wednesday. Retail sales grew 0.3 percent on a monthly basis in June, offsetting May's 0.3 percent decline, Eurostat said. However, this was marginally weaker than economists' forecast for a 0.4 percent increase.
RTTNews | 2小時55分鐘前
Euro Rises As European Shares Traded Higher

Euro Rises As European Shares Traded Higher

The euro strengthened against other major currencies in the European session on Wednesday, as European shares traded higher despite weak factory orders data from Germany and fresh tariff threats from U.S. President Donald Trump on pharma and chips. Some upbeat earnings announcements and expectations of a Fed interest rate cut next month appear to be aiding sentiment.
RTTNews | 3小時28分鐘前
Disney Lifts FY25 EPS View After Q3 Profit Beats Market; ESPN In Deal With WWE, NFL

Disney Lifts FY25 EPS View After Q3 Profit Beats Market; ESPN In Deal With WWE, NFL

Media and entertainment major Walt Disney Co. (DIS) on Wednesday raised fiscal 2025 outlook for earnings.above the Street after reporting significantly higher profit in its third quarter, above market estimates. Meanwhile, revenues missed the market view, despite reporting a growth. Separately, Disney announced that its unit ESPN has signed a landmark rights agreement with WWE.
RTTNews | 3小時45分鐘前
Dynatrace Boosts FY26 Outlook - Update

Dynatrace Boosts FY26 Outlook - Update

While reporting financial results for the first quarter on Wednesday, software intelligence provider Dynatrace, Inc. (DT) provided its adjusted earnings and revenue guidance for the second quarter and raised its outlook for the full-year 2026.
RTTNews | 3小時51分鐘前
FTSE 100 Modestly Higher; Hiscox Soars 9%

FTSE 100 Modestly Higher; Hiscox Soars 9%

U.K. stocks are turning in a mixed performance on Wednesday with investors digesting corporate earnings announcements, and continuing to assess the economic impact of the Trump administration's tariffs that are set to become effective this week.
RTTNews | 4小時18分鐘前
CAC 40 Up In Positive Territory In Cautious Trade

CAC 40 Up In Positive Territory In Cautious Trade

The French market is modestly higher on Wednesday with corporate earnings announcements providing some direction. Despite data showing a sharp drop in French construction sector activity, and fresh concerns about tariffs following U.S. President Donald Trump's fresh tariff threat, the mood is a bit positive amid hopes the Fed will cut interest rate next month.
RTTNews | 4小時50分鐘前