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CAC 40 Gains In Cautious Trade
(RTTNews) - French stocks advanced on Friday, as investors awaited speeches from central bankers, including Federal Reserve Chair Jerome Powell at the Jackson Hole symposium for fresh clues on the outlook for interest rates.
The benchmark CAC 40 was up 35 points, or half a percent, at 7,249 after ending 0.4 percent lower the previous day.
Among the top gainers, Hermes International, Schneider Electric, Stellantis NV and Total Energies all rose around 1 percent.
The euro fell to its lowest level since mid-June on expectations that the European Central Bank could soon pause rate hikes to support weakening growth.
Euro zone bond yields edged up after longer-dated U.S. Treasury yields soared to a 16-year high.
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Bay Street Likely To Open On Cautious Note; Resources Stocks May Move Up
The Canadian market is likely to open on a cautious note on Thursday with investors looking for news from the trade front.
Canadian and U.S. jobs data, due on Friday may provide some clues about the outlook for growth. Higher commodity prices may prompt investors to pick up resources stocks.
RTTNews
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17 phút trước
FTSE 100 Up Marginally; Earnings, Economic Data In Focus
The UK stock market is up marginally about half an hour past noon on Thursday as investors react to some earnings data, and reports on inflation and construction activity.
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49 phút trước
Citi To Cut Around 3,500 Tech Jobs In China Under Global Restructuring
Banking major Citigroup Inc. announced plans to reduce around 3,500 technology in China as part of its ongoing broader initiative to streamline global tech operations, reports said. With the planned resturcturing, the lender aims to strengthen risk and data management frameworks. The planned results will be at its two major China-based technology centers in Shanghai and Dalian.
RTTNews
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1h 46phút trước
CAC 40 Up 0.5% Ahead Of ECB Rate Decision
French stocks are gaining some ground in positive territory on Thursday as investors expect a 25-basis point interest rate cut from the European Central Bank later in the day. Worries about trade tension limit market's upside.
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1h 55phút trước
Sensex Rises Over 400 Points; Nifty At 24,750
Indian shares ended Thursday's session modestly higher as weak private payrolls and services data raised concerns about the U.S. economic outlook but reinforced speculation that the Federal Reserve will cut interest rates at least twice this year.
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2h 7phút trước
DAX Climbs To New Record High
German stocks are up in positive territory on Thursday, extending gains to a third straight session, thanks to encouraging factory orders data and expectations of a rate cut by the European Central Bank later in the day.
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2h 17phút trước
UK Construction Sector Downturn Softens In May
The UK construction sector contracted at a slower pace in May as the fall in new orders hit the slowest in four months, survey data from S&P Global showed on Thursday. The construction Purchasing Managers' Index posted 47.9 in May, up from 46.6 in April. The indicator suggested the slowest reduction in output volumes since January.
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2h 59phút trước
European Shares Edge Higher Before ECB Rate Decision
European stocks were slightly higher on Thursday ahead of an expected rate cut from the European Central Bank later in the day.
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3h 16phút trước
