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CAC 40 Edges Higher As Investors Await Key US Data
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1005 days ago
(RTTNews) - French stocks rose slightly on Monday as investors awaited a slew of U.S. data, including the all-important CPI report for January, due this week for further clarity on the rate outlook.
The benchmark CAC 40 was up 27 points, or 0.4 percent, at 7,157 after declining 0.8 percent on Friday.
Renault rose about 1 percent. The French automaker and Japanese automotive firm Nissan Motor Co., have announced plans to invest $600 million or 5300 crores Indian rupees in India, supporting the production of six new models, including two electric vehicles.
Drug major Sanofi was marginally higher. The company announced that John Reed, its Global Head of R&D, will be leaving the role to pursue a new opportunity outside the company.
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Swiss Market Ends On Weak Note
Save for a brief while around mid morning when it edged slightly above the flat line, Switzerland's benchmark index SMI remained in negative territory on Friday amid concerns about high tech valuation and fading hopes of an interest rate cut by the Federal Reserve next month.
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3h 41min ago
European Markets Close Weak On Growth Concerns, Fading Fed Rate Cut Hopes
European stocks closed weak on Friday amid concerns about high tech valuations, and fading hopes of a Federal Reserve rate cut next month following hawkish comments from a few central bank officials.
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4h 3min ago
Canadian Market Rebounds From Early Setback; Technology, Energy Stocks Rise
After opening with a big negative gap and dropping further down into the red Friday morning, the Canadian benchmark S&P/TSX Composite Index recovered gradually and was up modestly above the flat line a little past noon.
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5h 13min ago
Bay Street Likely To Open On Weak Note
Lower Canadian and U.S. futures and weak metal prices point to a negative open for stocks on Bay Street Friday morning. Energy stocks may find some support thanks to higher crude oil prices and help limit the downside.
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9h 56min ago
FTSE 100 Down Sharply As Bond Yields Climb Higher
UK stocks are falling on Friday with bond yields rising amid speculation Chancellor Rachel Reeves may backtrack on budget plans. The possibility of the Bank of England refraining from cutting interest rates due to fiscal concerns has raised concerns about fiscal and economic outlook.
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10h 54min ago
CAC 40 Sheds About 1.3% On Economic Concerns
French stocks are showing weakness on Friday, retreating from record highs hit in the previous session, as concerns about high tech valuations outweighed the positive news about the end of the longest government shutdown in United States history.
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11h 27min ago
DAX Down Over 1% On Economic Worries; Allianz, Siemens Energy Up Sharply On Earnings
German stocks are down in negative territory on Friday, weighed down by concerns about high valuations in the tech sector, and some uncertainty about the Federal Reserve's policy moves.
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11h 57min ago
Sensex, Nifty End Choppy Session Marginally Higher
Indian shares ended higher on Friday as the NDA looked poised to make a roaring return in Bihar again.
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12h 35min ago







