CAC-40 Rises Amidst Cautious Optimism

RTTNews | 827 hari yang lalu
CAC-40 Rises Amidst Cautious Optimism

(RTTNews) - The CAC-40 traded with mild gains on Monday amidst optimism generated by the Fed hinting of a pause in rate hikes and fears ahead of the release of CPI data from the U.S.

The CAC-40 is currently trading at 7,449.32, gaining 0.22 percent from the previous close. The day's trading has been between 7,416.22 and 7450.73.

Of the 40 scrips in the index, only 9 are trading in negative territory.

ArcelorMittal rallied more than 3 percent, followed by Alstom that added 2.9 percent. Bouygues, AXA, Worldline, LVMH and Credit Agricole, all gained more than 1 percent. Teleperformance declined 1.8 percent. Sanofi and Airbus, both lost more than 0.5 percent.

The Dollar's retreat amidst the Fed's announcement of a potential pause dragged the Dollar Index 0.13 percent to 101.08, lifting the EUR/USD pair 0.30 percent to 1.1050.

The ECB's continued hawkish stance and the solid jobs data from the U.S. fueled rate hike expectations, lifting the yield on France's ten-year bond 0.94 percent overnight to 2.912%, from the previous close of 2.885%.

read more
U.S. Small Business Confidence Improves In July - NFIB

U.S. Small Business Confidence Improves In July - NFIB

Small business optimism in the U.S. strengthened in July after eroding in the previous month as business expectations turned positive despite a rise in uncertainty, results of a monthly survey by the National Federation of Independent Businesses showed on Tuesday.
RTTNews | 1j 47min yang lalu
Swiss Market Settles Marginally Higher

Swiss Market Settles Marginally Higher

The Switzerland market ended marginally up on Tuesday after a choppy ride, with investors mostly making their moves, reacting to recent earnings updates.
RTTNews | 3j 40min yang lalu
European Stocks Close Broadly Higher On Fed Rate Cut Hopes, Easing Trading Tensions

European Stocks Close Broadly Higher On Fed Rate Cut Hopes, Easing Trading Tensions

European stocks closed broadly higher on Tuesday amid easing trade tensions after the U.S. extended its pause on higher tariffs for Chinese goods until November 10, averting an immediate escalation in the trade war. Expectations of a rate cut by the Federal Reserve in September contributed as well to the positive show by most of the markets in Europe.
RTTNews | 4j 0min yang lalu
Canadian Market Modestly Higher

Canadian Market Modestly Higher

The Canadian market is up in positive territory around early afternoon on Tuesday, supported by gains in communications, healthcare, financials and technology sectors. Easing trade tensions, and expectations of an interest rate cut by the Federal Reserve next month appear to be aiding sentiment.
RTTNews | 4j 37min yang lalu
UK Labor Market Cools In Q2

UK Labor Market Cools In Q2

The U.K. labor market softened in the second quarter as wage growth eased, the unemployment rate held steady at a four-year high and job vacancies continued to decline sharply, official data revealed on Tuesday. The ILO jobless rate held steady at 4.7 percent in the second quarter, figures from the Office for National Statistics revealed and was in line with expectations.
RTTNews | 8j 0min yang lalu
U.S. Consumer Prices Increase 0.2% In July, In Line With Estimates

U.S. Consumer Prices Increase 0.2% In July, In Line With Estimates

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to a report released by the Labor Department on Tuesday. The Labor Department said its consumer price index rose by 0.2 percent in July after climbing by 0.3 percent in June. The modest increase matched expectations.
RTTNews | 8j 12min yang lalu
Cardinal Health Lifts FY26 Outlook, But Stock Down As Q4 Revenues Miss Street; To Buy Solaris Health

Cardinal Health Lifts FY26 Outlook, But Stock Down As Q4 Revenues Miss Street; To Buy Solaris Health

Shares of Cardinal Health, Inc. were losing around 6% in the pre-market activity after the company's fourth-quarter top line missed the market view, even as profit beat the Street. In addition, the health care service provider raised its fiscal 2026 outlook, also above market estimates. Separately, Cardinal Health announced that its multi-specialty management services organization or MSO platform
RTTNews | 8j 36min yang lalu