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CAC 40 Edges Lower As Oil Prices Climb

RTTNews | 705 일 전

CAC 40 Edges Lower As Oil Prices Climb

(RTTNews) - French stocks declined on Thursday as oil prices climbed to the highest in a year, underpinning bond yields and raising fears of further interest rate hikes in the U.S. and Europe.

The German and Spanish CPI figures may sway sentiment as the day progresses. The benchmark CAC 40 was down 17 points, or 0.2 percent, at 7,054 after ending flat with a negative bias on Wednesday.

TotalEnergies SE rallied 1.5 percent. The energy and petroleum firm has finalized the sale of 40 percent interest in Block 20 in the Kwanza Basin of Angola to PETRONAS ANGOLA E&P LTD (PAEPL), a company of PETRONAS group of companies.

China-exposed LVMH, Kering and Hermes International were seeing modest losses amid concerns over the health of China's property sector and ahead of purchasing managers' index data from China, due over the weekend.

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Swiss Shares Extend Losing Streak

Swiss Shares Extend Losing Streak

The Swiss stock market closed under pressure again on Tuesday, stretching its losing streak to three sessions while giving up more than 130 points or 1.1 percent in that span.

RTTNews | 25 분 전

Eurozone Inflation Path Suggests ECB Unlikely To Cut Rates Further

Eurozone Inflation Path Suggests ECB Unlikely To Cut Rates Further

Euro area inflation modestly accelerated to a four-month high, and the core figure was steady around the 2 percent target in August as a slight slowing in both food price growth and services inflation was offset by a smaller decline in energy prices, which suggests that the European Central Bank is set to hold interest rates steady in future policy sessions.

RTTNews | 31 분 전

European Markets Finish In The Red On Tuesday

European Markets Finish In The Red On Tuesday

The major European markets finished firmly under water on Tuesday after Eurostat data showed Eurozone inflation rose to 2.1 percent last month, climbing above the European Central Bank's 2 percent target for the first time since April driven by higher prices for food, alcohol and tobacco.

RTTNews | 38 분 전

U.S. Construction Spending Unexpectedly Edges Lower In July

U.S. Construction Spending Unexpectedly Edges Lower In July

A report released by the Commerce Department on Tuesday showed construction spending in the U.S. unexpectedly edged slightly lower in the month of July. The Commerce Department said construction spending slipped by 0.1 percent to an annual rate of $2.139 trillion in July after falling by 0.4 to a revised rate of $2.141 trillion in June.

RTTNews | 2 시간 39 분 전

Domino's Launches Two New Delectable Bread Bites Flavors

Domino's Launches Two New Delectable Bread Bites Flavors

Domino's Pizza, the largest pizza company in the world, announced the launch of two new Bread Bite flavors: Cinnamon and Garlic, to join Domino's Parmesan Bread Bites, adding to its line of oven-baked mouthwatering options for customers to enjoy.

RTTNews | 2 시간 51 분 전

U.S. Manufacturing Index Inches Up In Line With Estimates In August

U.S. Manufacturing Index Inches Up In Line With Estimates In August

The Institute for Supply Management released a report on Tuesday showing a slight increase by its reading on U.S. manufacturing activity in the month of August, although the index still indicated the sixth consecutive month of contraction.

RTTNews | 2 시간 53 분 전

FTSE 100 Slips As Yields Spike, Sterling Plunges

FTSE 100 Slips As Yields Spike, Sterling Plunges

The FTSE 100 benchmark of the London Stock Exchange dropped close to a percent amidst renewed concerns about the fiscal situation in the U.K.

RTTNews | 3 시간 40 분 전

CAC 40 Slips Amidst Fiscal Concerns

CAC 40 Slips Amidst Fiscal Concerns

A renewed focus on the fiscal situation in France dampened sentiment for the CAC 40 benchmark that tracks the 40 largest French stocks based on the Euronext Paris.

RTTNews | 4 시간 48 분 전

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