CAC 40 Edges Higher After Italian Election Results

RTTNews | 1026 일 전
CAC 40 Edges Higher After Italian Election Results

(RTTNews) - French stocks edged higher on Monday, though a cautious undertone prevailed amid concerns about a possible recession.

Euro zone government bond yields hit fresh multi-year highs amid a fresh sell-off in British gilts after Chancellor of the Exchequer Kwasi Kwarteng announced the biggest package of unfunded tax cuts.

The spread between Italian and German yields widened after the rightist coalition won a clear majority in Sunday's general elections.

The benchmark CAC 40 was up 21 points, or 0.4 percent, at 5,804 after plummeting 2.3 percent on Friday.

Valneva SE shares jumped more than 4 percent. The vaccine maker focused on infectious diseases said it is in active discussions with a prospective partner for potentially funding the development of a potential second-generation COVID-19 vaccine. These ongoing talks may continue for several months and may not lead to an agreement, it said.

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European Shares Seen Up As Investors Assess Tech Earnings

European Shares Seen Up As Investors Assess Tech Earnings

European stocks are likely to open higher on Friday, with tech stocks in focus after Taiwan Semiconductor Manufacturing, the world's largest contract chipmaker, posted record quarterly profit on AI demand and Netflix reported earnings that beat expectations on both the top and bottom lines.
RTTNews | 43 분 전
Sensex, Nifty Slip Into Red On Muted Earnings

Sensex, Nifty Slip Into Red On Muted Earnings

Indian shares were slightly lower in early trade on Friday, with uncertainty over U.S. tariffs and a muted start to the quarterly earnings season keeping investors on edge.
RTTNews | 1 시간 43 분 전
Australian Market Doubles Early Gains In Mid-market

Australian Market Doubles Early Gains In Mid-market

The Australian stock market is doubling its early gains in mid-market moves on Friday, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,700 level, with gains across all sectors led by technology and mining stocks.
RTTNews | 2 시간 39 분 전
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, as traders react to upbeat economic data from the U.S. and Japan that renewed optimism about the global economy. Countries are also hustling to strike trade deals with the US as the August 1 deadline for pausing of "reciprocal tariffs" is less than a fortnight away.
RTTNews | 2 시간 50 분 전
Sensex, Nifty Seen Flat To Higher At Open

Sensex, Nifty Seen Flat To Higher At Open

Indian shares are seen opening higher on Friday after major U.S. indexes hit record closing highs overnight on the back of positive economic indicators and encouraging corporate earnings.
RTTNews | 3 시간 40 분 전
Thai Stock Market May Be Stuck In Neutral On Friday

Thai Stock Market May Be Stuck In Neutral On Friday

The Thai stock market moved emphatically higher again on Thursday, one day after ending the three-day winning streak in which it had rallied more than 50 points or 4.5 percent. The Stock Exchange of Thailand now sits just beneath the 1,200-point plateau although it may see a downward correction on Friday.
RTTNews | 4 시간 11 분 전
Japanese Market Slightly Higher

Japanese Market Slightly Higher

Extending the gains in the previous session, the Japanese market is slightly higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 39,900 level, with gains in exporters and financial stocks partially offset by weakness in technology stocks.
RTTNews | 4 시간 30 분 전