CAC 40 Inches Higher On Dovish Fed Minutes

RTTNews | 908 days ago
CAC 40 Inches Higher On Dovish Fed Minutes

(RTTNews) - French stocks rose on Thursday as relatively dovish signals from the Federal Reserve helped traders look past concerns over China, with the daily COVID cases hitting a record high since the pandemic began.

The benchmark CAC 40 edged up 27 points, or 0.4 percent, to 6,706 after rising 0.3 percent the previous day.

Remy Cointreau shares tumbled 2.6 percent. The maker of Remy Martin cognac said the second half would reflect a return to normal consumption trends after two years of truly exceptional growth.

Renault Group gained nearly 2 percent. The automaker announced an acceleration of the decarbonization plan for its industrial sites with three strategic partnerships. The Group entered partnerships with new partners: Voltalia, ENGIE, and Dalkia.

read more
U.S. Dollar Slides Amid U.S. Tariff Uncertainty

U.S. Dollar Slides Amid U.S. Tariff Uncertainty

The U.S. dollar weakened against other major currencies in the European session on Tuesday, due to fiscal and economic concerns amid uncertainties about U.S. tariffs.
RTTNews | 1h 26min ago
Home Depot Q1 Profit Misses Market, But Sales Beat; Backs Outlook; Stock Up

Home Depot Q1 Profit Misses Market, But Sales Beat; Backs Outlook; Stock Up

Home Depot Inc. reported Tuesday weak first-quarter profit below market estimates, while sales grew from last year and beat the Street view with slightly higher comparable sales in the U.S. Further, the home improvement retailer maintained its fiscal 2025 guidance, expecting weak earnings, but higher sales and comparable sales. In the pre-market activity on the NYSE, Home Depot shares were gaining
RTTNews | 2h 33min ago
CAC 40 Modestly Higher

CAC 40 Modestly Higher

The French market is modestly higher in cautious trade on Tuesday with investors closely following the developments on the geopolitical front. Tensions between Russia and Ukraine linger despite an announcement from U.S. President Donald Trump that the two nations would soon begin ceasefire negotiations.
RTTNews | 2h 46min ago
DAX Up Over 0.5% In Cautious Trade

DAX Up Over 0.5% In Cautious Trade

German stocks are up in positive territory on Tuesday amid easing concerns about tariffs, and in reaction to the widely expected interest rate cut by the People's Bank of China.
RTTNews | 3h 6min ago