CAC 40 Moderately Lower In Cautious Trade

RTTNews | 206 dias atrás
CAC 40 Moderately Lower In Cautious Trade

(RTTNews) - French stocks are exhibiting weakness on Friday amid concerns about the outlook for global economic growth due to the impact of Trump's tariffs. The U.S. President's reciprocal tariffs are set to take effect on April 2.

The benchmark CAC 40 is down 51.75 points or 0.64% at 8,042.45

STMicroElectronics is down nearly 3%. Eurofins Scientific is down 2.3% on profit taking after recent gains. Teleperformance, Accor, Kering and Renault are down 1.6 to 2.1%.

Schneider Electric, Capgemini, Thales, L'Oreal, Stellantis, Publicis Groupe, Bouygues,, Saint Gobain and LVMH are down 0.8 to 1.4%.

Carrefour is gaining about 0.75%. Societe Generale, Danone, BNP Paribas and Air Liquide are up with modest gains.

In economic news, a report from statistical office INSEE showed France's manufacturing climate indicator edged down to 96 in March from 97 in February. Meanwhile, the economic uncertainty gauge fell to 25 from 29 in February.

Meanwhile, France's business climate indicator edged up to 97 in March from 96 in February, inching higher toward its long-term average of 100. The employment climate indicator rose to 96, staying below its long-term average for the tenth consecutive month.

read more
Australian Market Modestly Higher In Mid-market

Australian Market Modestly Higher In Mid-market

The Australian stock market is back in the green in mid-market trading on Tuesday, after alternating across the unchanged line, reversing the losses in the previous two sessions, following the positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving near the 8,900 level, with gains in mining and energy stocks partially offset by weakness in financial and technology stocks.
RTTNews | 1h 10min atrás
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, on renewed optimism over U.S.-China trade talks and optimism about further interest rate cuts amid the ongoing U.S. government shutdown along with the intensifying Russia-Ukraine war. Asian markets closed mostly lower on Monday.
RTTNews | 1h 25min atrás
Japanese Market Sharply Lower

Japanese Market Sharply Lower

The Japanese stock market is sharply lower in post-holiday trading on Tuesday, extending the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling below the 47,550 level, with weakness in across most sectors led by exporters, financial and technology stocks.
RTTNews | 3h 17min atrás
Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Tuesday, adding to the losses in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 8,900 level, with weakness in energy, financial and technology stocks partially offset by gains in mining stocks.
RTTNews | 4h 0min atrás
Swiss Market Settles Slightly Up

Swiss Market Settles Slightly Up

After a spell in positive territory early on in the session on Monday, the Switzerland market struggled for support and drifted down into negative territory past mid afternoon, but finally managed to end the day's session slightly up.
RTTNews | 10h 20min atrás