CAC 40 Slides On Interest-rate Worries

RTTNews | 1089 hari yang lalu
Stocktwits
CAC 40 Slides On Interest-rate Worries

(RTTNews) - French stocks lost ground on Wednesday as inflation and interest-rate worries returned to haunt investors.

Risk-off sentiment prevailed ahead of speeches by a couple of European Central Bank policy-makers and U.S. Federal Reserve Chair Jerome Powell later in the day.

The benchmark CAC 40 dropped 116 points, or 2 percent, to 5,848 after gaining 0.8 percent on Tuesday.

Capgemini fell 1.3 percent while Orange advanced 0.8 percent. The companies confirmed that Bleu, their future joint venture that will provide trusted cloud ("Cloud de Confiance"2) services to address the needs of specific French organizations, is expected to start supporting clients in preparing for their migration by the end of 2022.

Banking group Crédit Agricole SA declined 1.6 percent after unveiling a new strategic roadmap. The lender said it targets one million extra retail banking customers by 2025 and a net profit of more than 6 billion euros ($6.30 billion.

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Sensex, Nifty Fluctuate As Investors Watch Israel-Iran News

Sensex, Nifty Fluctuate As Investors Watch Israel-Iran News

Indian shares fluctuated in early trade on Monday as the Israel-Iran conflict continued to escalate, with Israeli military claiming its attack on Iran eliminated high-value targets, and Iranian authorities confirming damage to four critical buildings at the Isfahan uranium conversion facility.
RTTNews | 35 minit yang lalu
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market trading on Monday, recouping some of the losses in the previous two sessions, despite the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 8,550.00 level, with gains in iron ore miners and energy stocks partially offset by weakness in financial stocks.
RTTNews | 1j 42min yang lalu
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Monday, despite the broadly negative cues from Wall Street on Friday, boosted by strong gains in energy and mining stocks amid spiking commodity prices following the escalation in geopolitical tensions in the Middle East. However, concerns of the tensions triggering a full-blown conflict in the Middle East continue to weigh on the markets.
RTTNews | 2j 1min yang lalu
Sensex, Nifty Set To Follow Asian Peers Higher

Sensex, Nifty Set To Follow Asian Peers Higher

Indian shares look set to open on a positive note Monday, mirroring firm cues from Asia and small gains in U.S. equity futures as investors watch the ongoing hostilities between Israel and Iran, which have now entered the fourth day.
RTTNews | 2j 33min yang lalu
Japanese Market Significantly Higher

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The Japanese stock market is trading significantly higher on Monday, recouping some of the losses in the previous two sessions, despite the broadly negative cues from Wall Street on Friday, with the Nikkei 225 moving well above the 38,100 level, with gains across most sectors led by index heavyweights and technology stocks.
RTTNews | 3j 29min yang lalu
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is modestly higher on Monday, extending the losses in the previous two sessions, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving above the 8,550.00 level, with gains across most sectors led by energy stocks as crude oil prices continue to soar amid the escalating geopolitical risks in the Middle East.
RTTNews | 3j 49min yang lalu
Canadian Dollar Higher Amid Rising Oil Prices

Canadian Dollar Higher Amid Rising Oil Prices

The Canadian dollar advanced against its most major counterparts in the New York session on Friday amid a spike in oil prices after Israel launched fresh wave of attacks on Iran.
RTTNews | 2 hari yang lalu
Swiss Stock Market Heads South On Friday

Swiss Stock Market Heads South On Friday

The Swiss stock market turned lower again on Friday, one day after snapping the two-day slide in which it had given up more than 50 points or 0.4 percent.
RTTNews | 2 hari yang lalu
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