CAC 40 Edges Higher On Fed Repricing

RTTNews | 503日前
CAC 40 Edges Higher On Fed Repricing

(RTTNews) - French stocks advanced on Wednesday as investors continued to assess the prospects for interest- rate cuts following last week's weaker-than-expected U.S. jobs report. It seems that markets have shrugged off comments from Federal Reserve Bank of Minneapolis President Neel Kashkari, who said Tuesday that rates will likely stay high for an "extending period" and that he would support a hike if inflation stalls near 3 percent.

The benchmark CAC 40 was up 66 points, or 0.8 percent, at 8,141 after adding 1 percent the previous day.

In corporate news, Alstom SA shares surged 4.6 percent.

The manufacturer of infrastructures for rail transport sector said it is planning a capital increase of about €1 billion ($1.1 billion) to shore up its finances.

read more
Walmart To Kick Off Holiday Season With Early Deals On Oct. 7-12

Walmart To Kick Off Holiday Season With Early Deals On Oct. 7-12

In preparation for the upcoming holiday season, retail behemoth Walmart, Inc. is bringing tens of thousands of deals with early savings, starting October 7 through 12. While membership is not required for the first deals event of the season, Walmart+ members will get exclusive early access on October 6 at 7 p.m. ET, and shoppers can enjoy fast delivery and in-store convenience all week long.
RTTNews | 47分前
Asian Shares Mixed In Cautious Trade

Asian Shares Mixed In Cautious Trade

Asian stocks ended mixed on Tuesday, with Japanese markets closed for a public holiday and Hong Kong preparing for Typhoon Ragasa, which is expected to pass the city in the next 24 hours.
RTTNews | 1時29分前
European Shares Seen Flat To Higher At Open

European Shares Seen Flat To Higher At Open

European stocks are seen opening broadly higher on Tuesday, even as the upside may remain capped amid ongoing volatility in the bond markets due to political uncertainty in France and Germany's plans to ramp up debt issuance.
RTTNews | 4時36分前
European Economic News Preview: Eurozone Flash PMI Data Due

European Economic News Preview: Eurozone Flash PMI Data Due

Flash composite purchasing managers' survey results from the euro area and the UK are the top economic news due on Tuesday. At 3.15 am ET, France's flash composite PMI survey results are due. The composite output index is forecast to edge up to 49.9 in September from 49.8 in the previous month.
RTTNews | 4時52分前
Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending its early gains in mid-market trading on Tuesday, adding to the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,850 level, with gains across most sectors led by mining and technology shares.
RTTNews | 6時40分前
Asian Markets Mixed Amid Cautious Trades

Asian Markets Mixed Amid Cautious Trades

Asian markets are trading mixed on Tuesday, following the positive cues from Wall Street overnight, as traders remain optimistic about the outlook for the markets amid expectations of further interest rate cuts by the US Fed. Some traders are also looking to cash in on the recent strength in the markets. However, escalating tensions in Europe and the Middle East are weighing on market sentiment.
RTTNews | 7時5分前