CAC 40 Inches Lower As Investors Look Ahead To ECB Meeting

RTTNews | 542 일 전
CAC 40 Inches Lower As Investors Look Ahead To ECB Meeting

(RTTNews) - French stocks declined on Tuesday even as a survey showed the downturn in the country's service sector eased in February.

The HCOB France final purchasing managers index (PMI) for the services sector, compiled by S&P Global, improved to 48.4 from 45.4 in January.

The composite final PMI, which combines data from the services and manufacturing sectors, jumped to 48.1 from 44.6 the previous month.

The benchmark CAC 40 was down 27 points, or 0.3 percent, at 7,929 ahead of the European Central Bank's (ECB) rate decision and congressional testimony from Fed Chair Jerome Powell due this week.

Thales shares soared 7.4 percent. The technology firm lifted dividend and projected organic sales growth of between 4 percent and 6 percent for fiscal 2024.

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Chicago Business Barometer Slumps Much More Than Expected In August

Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.
RTTNews | 34 분 전
U.S. Consumer Prices Increase In Line With Estimates In July

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.
RTTNews | 1 시간 18 분 전
German Unemployment Exceeds 3 Mln

German Unemployment Exceeds 3 Mln

Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1
RTTNews | 1 시간 47 분 전
Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Friday, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.
RTTNews | 3 시간 1 분 전