CAC 40 Little Changed Ahead Of Consumer Confidence Data

RTTNews | 555 days ago
CAC 40 Little Changed Ahead Of Consumer Confidence Data

(RTTNews) - French stocks were little changed on Wednesday as investors awaited Nvidia Corp.'s earnings as well as the minutes of the Federal Reserve's monetary policy meeting later in the day for directional cues.

Also, Fed officials Raphael Bostic and Michelle Bowman are set to speak later in the day, with investors looking for additional clues on when the U.S. central bank will start cutting interest rates.

Closer home, Eurozone consumer confidence data is awaited.

The benchmark CAC 40 was little changed with a positive bias at 7,796 after gaining 0.3 percent in the previous session.

In corporate news, EssilorLuxottica was marginally higher. The global leader in the eyewear industry and Michael Kors have renewed their licensing partnership with to develop and sell frames and sunglasses under the Michael Kors brand.

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German Inflation Accelerates To 2.2% In August

German Inflation Accelerates To 2.2% In August

Consumer price inflation in Germany climbed in August to its highest level in five months, while the core figure was steady amid an acceleration in food price growth, and weakened chances for further easing from the European Central Bank in the near term.
RTTNews | 2h 28min ago
Swiss Market Ends Modestly Lower

Swiss Market Ends Modestly Lower

Save for a very brief while early on in the session, and for less than an hour a little past mid afternoon, the Switzerland market stayed in negative territory on Friday with investors largely staying cautious due to a lack of positive triggers.
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European Stocks Close Lower On Geopolitical Tensions

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Chicago Business Barometer Slumps Much More Than Expected In August

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

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