CAC 40 Gains On Earnings Boost

RTTNews | 842天前
Stocktwits
CAC 40 Gains On Earnings Boost

(RTTNews) - French stocks were sharply higher on Thursday as investors cheered strong earnings results and waited for U.S. inflation data due next week for additional clues on the U.S. rate outlook.

The benchmark CAC 40 was up 80 points, or 1.1 percent, at 7,199 after declining 0.2 percent on Wednesday.

Vinci jumped 2.2 percent. After posting strong financial results for fiscal year 2022, the construction and infrastructure company said it expects a further increase in turnover and operating profit in 2023.

Lender Credit Agricole soared 4.2 percent after reporting a higher-than-expected profit in the fourth quarter on lower provisions and a strong performance at its investment banking division.

Airbus gained half a percent after reports that it may appoint an interim CFO.

Stocktwits
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TSX Settles Lower As Trade Tensions Resurface

TSX Settles Lower As Trade Tensions Resurface

Despite hitting record highs earlier in the week, the Canadian market ended weak for a second straight day as trade tensions weighed on sentiment, prompting investors to tread cautiously on Friday.
RTTNews | 16小时52分钟前
Crude Oil Prices Slip On Friday

Crude Oil Prices Slip On Friday

Crude suffered a weekly loss of more than 1 percent due to uncertainty over U.S. President Donald Trump's tariffs and their likely impact on global growth and fuel demand.
RTTNews | 21小时31分钟前
Pound Drops As Trade Tensions Renew

Pound Drops As Trade Tensions Renew

The pound fell against its major counterparts in the New York session on Friday, as trade tensions escalated after the U.S. President accused China of violating trade agreement reached earlier this month.
RTTNews | 21小时32分钟前
Swiss Market Ends Modestly Higher

Swiss Market Ends Modestly Higher

Save for a few minutes at the start when it stayed a bit weak, the Switzerland market remained positive on Friday, and despite coming off the day's high hit around noon, ended the session modestly higher.
RTTNews | 23小时46分钟前
Major European Markets Close Slightly Higher

Major European Markets Close Slightly Higher

Despite uncertainty surrounding Trump administration's tariff plans, The major European markets mostly closed higher on Friday. Trade tensions escalated after the U.S. President accused China of violating trade agreement reached earlier this month, but investors picked up stocks amid expectations of an interest rate cut by the European Central Bank.
RTTNews | 1天前
U.S. Stocks Broadly Lower In Cautious Trade

U.S. Stocks Broadly Lower In Cautious Trade

U.S. stocks are turning in a weak performance on Friday amid renewed concerns over trade tensions, and a batch of mixed economic data. The major averages all are down in negative territory, with the tech-laden Nasdaq underperforming.
RTTNews | 1天前
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