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CAC 40 Slips As Investors Look To ECB
(RTTNews) - French stocks traded slightly lower on Wednesday as traders waited to see if the European Central Bank would raise rates on Thursday against the backdrop of weakening economic activity and cooling inflation.
Investors also kept a close eye on the Middle East war as the Israel Défense Forces (IDF) gear up for a significant ground offensive in the Gaza Strip.
The benchmark CAC 40 was down 15 points, or 0.2 percent, at 6,878 after gaining 0.6 percent the previous day.
China-exposed luxury group Kering lost 3 percent after revenue declined in Q3. Dassault Systemes jumped 6.3 percent after the software maker raised its 2023 profit outlook.
Industrial-gas supplier Air Liquide rose about half a percent after the company said its project backlog and investment plans are at record levels.
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Australian Market Slightly Trims Early Losses In Mid-market
The Australian market is slightly trimming its early losses in mid-market moves on Thursday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,350 level, with weakness across most sectors led by and technology and energy stocks. Gold miners are the only bright spot.
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il y a 20 minutes
Asian Markets Tracks Wall Street Lower
Asian stock markets are trading mostly lower on Thursday, following the broadly negative cues from Wall Street overnight, amid rising treasury yields on concerns about the fiscal impact of a new U.S. tax bill on the country's deficit. The lack of clear progress on new trade deals is also weighing on the markets. Asian markets closed mostly higher on Wednesday.
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il y a 40 minutes
Sensex, Nifty Set To Open Lower After US Selloff
Indian shares may open lower on Thursday as investors react to escalating geopolitical tensions, rising U.S. Treasury yields and a lack of progress on U.S. trade talks with partners.
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il y a 1h 7min
Soft Start Anticipated For Thai Stock Market
The Thai stock market has alternated between positive and negative finishes through the last 11 trading days since the end of the five-day winning streak in which it had advanced more than 50 points or 4.3 percent. The Stock Exchange of Thailand now sits just beneath the 1,180-point plateau and it may tick lower again on Thursday.
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il y a 1h 40min
Japanese Market Notably Lower
The Japanese market is trading notably lower on Thursday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 37,100 level, with weakness across most sectors led by index heavyweights and technology stocks.
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il y a 2h 9min
Indonesia Bourse May Hand Back Wednesday's Gains
The Indonesia stock market bounced higher again on Wednesday, one day after snapping the five-day winning streak in which it had rallied more than 310 points or 4.5 percent. The Jakarta Composite Index now rests just above the 7,140-point plateau, although it may head south again on Thursday.
The global forecast for the Asian markets is negative on concerns over rising bond yields. The European markets were mixed and the U.S. bourses were sharply lower and the Asian markets also figure to open under pressure.
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il y a 2h 10min
Lower Open Called For Hong Kong Stock Market
The Hong Kong stock market has finished higher in consecutive trading days, accelerating almost 500 points or 2.2 percent along the way. The Hang Seng Index now sits just above the 23,825-point plateau, although it's likely to run out of steam on Thursday.
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il y a 2h 25min
Australian Market Notably Lower
The Australian market is trading notably lower on Thursday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,300 level, with weakness across most sectors led by and technology stocks. Gold miners are the only bright spot.
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il y a 2h 27min
