CAC 40 Edges Higher In Cautious Trade

RTTNews | 1070 일 전
CAC 40 Edges Higher In Cautious Trade

(RTTNews) - French stocks edged up slightly on Thursday as investors reacted to dovish-sounding remarks by Federal Reserve Chair Jerome Powell and signs of easing COVID-19 curbs in China.

Investors await the release of final manufacturing PMI figures for November later in the day for directional cues.

The benchmark CAC 40 edged up 15 points, or 0.2 percent, to 6,753 after rallying 1 percent on Wednesday.

The U.S. dollar slumped in early European trade as Powell's remarks validated market expectations for a 50-basis point rate hike later this month.

Valneva SE shares jumped nearly 5 percent. Pfizer Inc. and the French biotech company reported today six-month antibody persistence data for Lyme disease vaccine candidate VLA15 in both children and adults.

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European Economic News Preview: German Factory Orders Data Due

European Economic News Preview: German Factory Orders Data Due

Factory orders from Germany and final purchasing managers' survey results from the euro area are due on Wednesday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's factory orders data. Orders are forecast to grow 0.9 percent on a monthly basis in September, a turnaround from the 0.8 percent drop in August.
RTTNews | 1 시간 10 분 전
China Services Activity Expands On New Business

China Services Activity Expands On New Business

China's service sector continued to grow in October as new business growth accelerated despite a fall in export sales, survey data published by S&P Global showed on Wednesday. The headline RatingDog service Purchasing Managers' Index fell to 52.6 in October from 52.9 in September. Although the growth was the softest in three months, the sector extended the current period of expansion.
RTTNews | 1 시간 56 분 전
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market moves on Wednesday, adding to the losses in the previous session, with the benchmark S&P/ASX 200 falling well below the 8,800 level, following the broadly negative cues from Wall Street overnight, dragged by tumbling mining, energy and technology stocks.
RTTNews | 4 시간 18 분 전
Asian Markets A Sea Of Red

Asian Markets A Sea Of Red

Asian stock markets are a sea of red on Wednesday, following the broadly negative cues from Wall Street overnight, dragged by the benchmark indexes in Japan and South Korea which are plunging 4 to 5 percent each on concerns over stretched valuations as global tech stocks tumble on fears that an AI bubble is about to burst. Asian markets closed mostly lower on Tuesday.
RTTNews | 4 시간 36 분 전
No Help Yet For Thai Stock Market

No Help Yet For Thai Stock Market

The Thai stock market has moved lower in four straight sessions, slumping more than 15 points or 1.1 percent along the way. The Stock Exchange of Thailand now sits just shy of the 1,300-point plateau and it's expected to open in the red again on Wednesday.
RTTNews | 5 시간 43 분 전
Indonesia Shares Tipped To Open In The Red

Indonesia Shares Tipped To Open In The Red

The Indonesia stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it had picked up almost 100 points or 1.2 percent. The Jakarta Composite Index now sits just above the 8,240-point plateau and the losses may accelerate on Wednesday.
RTTNews | 6 시간 13 분 전