CAC 40 Down Slightly In Cautious Trade

RTTNews | 6h 0min ago

(RTTNews) - French stocks have turned a bit weak after a fairly steady start, and are down marginally nearly an hour past noon on Thursday, as investors continue to track the progress in trade talks, in addition to digesting the latest batch of economic data from the region.

The sentiment is lifted a bit on news about the Trump administration lifting some restrictions on exports of chip design software to China.

The benchmark CAC 40, which advanced to 7,766.92 earlier in the session, was down 6.79 points or 0.09% at 7,731.63 a little while ago.

Teleperformance, up 2.2%, is the top gainer in the CAC 40 index. Accor and AXA are gaining 1.2% and 1.1%, respectively.

Thales, Stellantis, Carrefour, STMicroElectronics, Eurofins Scientific and Edenred are up 0.5 to 1%.

Engie is declining 1.6% and Credit Agricole is down 1.2%. Dassault Systemes and Publicis Group are down 1.1% and 1%, respectively.

Essilor, Orange, Hermes International, Pernod Ricard, Bouygues, Sanofi and Kering are moderately lower.

In economic news, final data from S&P Global showed that the HCOB France Composite PMI came in at 49.2 in June, broadly unchanged from 49.3 in May, and revised higher from a flash estimate of 48.5.

The Manufacturing PMI score came in at 48.1 for June, down from 49.8 in May, while the Services PMI reading for June came in at 49.6, up from May's 48.9.

The HCOB Eurozone Composite PMI rose to 50.6 in June 2025, up from both May's reading and the preliminary estimate of 50.2. The HCOB Eurozone Services PMI rose to 50.5 in June from 49.7 in the previous month, revised higher from the flash estimate of 50.

Later in the day, the European Central Bank is scheduled to issue the minutes of the Governing Council meeting held on June 4 and 5. At the meeting, the bank had reduced its interest rates by 25 basis points.

Canadian Market Modestly Higher At Noon

The Canadian market is up firmly in positive territory Thursday morning, led by gains in technology, consumer staples and financials sectors. The undertone is firm after data showed U.S. non-farm payroll employment increased more than expected in the month of June.

RTTNews | 43 minutes ago

U.S. Factory Orders Spike In Line With Estimates In May

New orders for U.S. manufactured goods saw a substantial rebound in the month of May, according to a report released by the Commerce Department on Thursday. The Commerce Department factory orders spiked by 8.2 percent in May after plunging by a revised 3.9 percent in April. The sharp increase matched economist estimates.

RTTNews | 1h 46min ago

U.S. Service Sector Returns To Growth In June

After reporting a slight contraction in U.S. service sector activity in the previous month, the Institute for Supply Management released a report on Thursday showing the service sector returned to growth in the month of June. The ISM said its services PMI rose to 50.8 in June from 49.9 in May, with a reading above 50 indicating growth. Economists had expected the index to inch up to 50.5.

RTTNews | 2h 16min ago

U.S. Trade Deficit Widens In May As Exports Slump

A report released by the Commerce Department on Thursday showed the U.S. trade deficit widened in the month of May amid a steep drop by the value of exports. The Commerce Department said the trade deficit climbed to $71.5 billion in May from a revised $60.3 billion in April. Economists had expected the trade deficit to increase to $71.0 billion.

RTTNews | 2h 34min ago

U.S. Weekly Jobless Claims Unexpectedly Edge Modestly Lower

The Labor Department released a report on Thursday showing an unexpected decrease by first-time claims for U.S. unemployment benefits in the week ended June 28th. The report said initial jobless claims edged down to 233,000, a decrease of 4,000 from the previous week's revised level of 237,000. Economists had expected jobless claims to inch up to 240,000.

RTTNews | 2h 47min ago

U.S. Employment Jumps By 147,000 Jobs In June, More Than Expected

A closely watched report released by the Labor Department on Thursday showed employment in the U.S. increased by more than expected in the month of June. The Labor Department said non-farm payroll employment shot up by 147,000 jobs in June after jumping by an upwardly revised 144,000 jobs in May. Economists had expected employment to climb by 110,000 jobs.

RTTNews | 3h 20min ago

U.S. Trade Deficit Widens Slightly More Than Expected In May

A report released by the Commerce Department on Thursday showed the U.S. trade deficit widened in the month of May amid a steep drop by the value of exports.

RTTNews | 4h 3min ago

U.S. Weekly Jobless Claims Unexpectedly Dip To 233,000

The Labor Department released a report on Thursday showing an unexpected decrease by first-time claims for U.S. unemployment benefits in the week ended June 28th.

RTTNews | 4h 7min ago

EURUSD	1.1742	GBPUSD	1.3641	AUDUSD	0.6568
USDJPY	145.155	USDCAD	1.35686	USDCHF	0.79585

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CAC 40 Down Slightly In Cautious Trade