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CAC 40 Edges Higher Led By Banks
(RTTNews) - French stocks advanced on Friday, Eurozone bond yields edged up slightly and the euro was heading for a record twelfth week of declines against the dollar as investors waited for the latest U.S. employment report later in the day, which is expected to show a slowdown in hiring last month.
Closer home, European Central Bank board member Isabel Schnabel said earlier today that interest rates may need to rise again if needed to tame consumer prices. The ECB announces its rate decision on Oct. 26.
The benchmark CAC 40 was up 33 points, or half a percent, at 7,031 after finishing marginally higher on Thursday.
Banks traded higher, with BNP Paribas, Credit Agricole and Societe Generale climbing 1-2 percent.
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Swiss Market Ends Marginally Up
The Switzerland market ended marginally up on Thursday after a choppy ride as stocks swung between gains and losses right through the day's trading session.
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2 시간 33 분 전
European Stocks Close Weak
European stocks closed lower on Thursday as the mood remained largely cautious with investors closely following geopolitical news, digesting tech giant Nvidia's earnings, and some crucial economic data from the U.S.
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2 시간 53 분 전
Canadian Stocks Turning In Mixed Performance; TSX Down Marginally
After a positive start and a subsequent drop early on in the session, the Canadian market remains weak around early afternoon on Thursday, weighed down by losses in consumer staples, industrials and communications sectors.
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3 시간 27 분 전
U.S. Pending Home Sales Fall More Than Expected In July
A report released by the National Association of Realtors on Thursday showed pending home sales in the U.S. fell by more than expected in the month of July. NAR said its pending home sales index decreased by 0.4 percent to 71.7 in July after sliding by 0.8 percent to 72.0 in June. Economists had expected pending home sales to edge down by 0.1 percent.
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5 시간 53 분 전
Eurozone Economic Confidence Weakens In August
Eurozone economic sentiment softened unexpectedly in August as only industry and retail trade showed improvements, survey results from the European Commission showed Thursday. The economic sentiment indicator slid to 95.2 in August from a revised 95.7 in the previous month. The score was forecast rise to 96.0.
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6 시간 4 분 전
Walgreen Co. Now Operating As Private Standalone Company Under Sycamore Partners
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6 시간 15 분 전
U.S. Economy Surges More Than Previously Estimated In Q2
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6 시간 27 분 전
U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates
A report released by the Labor Department on Thursday showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 23rd. The Labor Department said initial jobless claims dipped to 229,000, a decrease of 5,000 from the previous week's revised level of 234,000. Economists had expected jobless claims to slip to 230,000.
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6 시간 33 분 전
