CAC 40 Up Sharply On Trump's Tariff Pause Announcement

RTTNews | 110天前
CAC 40 Up Sharply On Trump's Tariff Pause Announcement

(RTTNews) - French stocks are high up in positive territory on Thursday with U.S. President Donald Trump's announcement of a 90-day suspension of reciprocal tariffs for most trading partners, excluding China, buoying up sentiment and prompting investors to indulge in hectic buying across the board.

European Commission President Ursula von der Leyen welcomed Trump's move and said the halt on reciprocal tariffs is "an important step towards stabilizing the global economy. Clear, predictable conditions are essential for trade and supply chains to function."

The benchmark CAC 40, which soared about 521 points to 7,384.47 earlier in the session, was up 347.06 points or 5.06% at 7,210.08 a few minutes ago.

Publicis Groupe is soaring nearly 10%. STMicroElectronics is surging 9.5%, while Saint Gobain, Stellantis, BNP Paribas and Societe Generale are up 8 to 9%.

Unibail Rodamco, Safran, ArcelorMittal, Accor, Essilor, Kering, Airbus, AXA, Dassault Systemes, LVMH, Teleperformance, Capgemini, Schneider Electric and Credit Agricole are gaining 5 to 7%.

Veolia Environment, Edenred, Air Liquide, TotalEnergies, Hermes International, Renault, L'Oreal, Vinci, Pernod Ricard, Sanofi, Legrand, Bureau Veritas, Carrefour, Michelin and Bouygues are also up sharply.

read more
U.S. Dollar Higher Ahead Of Fed Decision

U.S. Dollar Higher Ahead Of Fed Decision

The U.S. dollar was higher against its most major counterparts in the New York session on Tuesday, as investors awaited the Federal Reserve's interest rate decision on Wednesday.
RTTNews | 15分鐘前
Swiss Market Closes On Firm Note

Swiss Market Closes On Firm Note

The Switzerland market shrugged off a somewhat shaky start and climbed higher on Tuesday with investors mostly reacting to corporate earnings updates, and looking ahead to monetary policy announcement from the Federal Reserve and closely following trade talks.
RTTNews | 4小時5分鐘前
European Stocks Close Higher As Investors React To Earnings

European Stocks Close Higher As Investors React To Earnings

European stocks closed on a firm note on Tuesday as investors reacted to a slew of earnings announcements from the region, and looked ahead to monetary policy announcements from some leading central banks, including the U.S. Federal Reserve.
RTTNews | 4小時26分鐘前
TSX Pares Some Gains After Hitting New High; Celestica Rises On Strong Results

TSX Pares Some Gains After Hitting New High; Celestica Rises On Strong Results

The Canadian market is up in positive territory a little past noon on Tuesday, supported by gains in technology, real estate, healthcare and consumer staples sectors. In addition to following the developments on the trade front, investors are also looking ahead to the monetary policy announcements from the Bank of Canada and the Federal Reserve.
RTTNews | 5小時26分鐘前
U.S. Consumer Confidence Modestly Improves In July

U.S. Consumer Confidence Modestly Improves In July

Consumer confidence in the U.S. saw a modest improvement in the month of July, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index rose to 97.2 in July after falling to a revised 95.2 in June.
RTTNews | 7小時44分鐘前
Bay Street Seen Opening Slightly Higher

Bay Street Seen Opening Slightly Higher

Canadian shares may open higher Tuesday morning, riding on firm oil and metal prices. Investors, awaiting trade talks between Canadian and U.S. officials, also look ahead to Bank of Canada's interest rate decision, due on Wednesday.
RTTNews | 9小時4分鐘前