CAC 40 Struggles For Direction In Lackluster Trade

RTTNews | hace 577
Stocktwits
CAC 40 Struggles For Direction In Lackluster Trade

(RTTNews) - French stocks struggled for direction on Wednesday after European Central Bank Vice President Luis de Guindos said the euro zone is facing weak growth and a possible recession.

De Guindos said that economic weakness was broad-based, with construction and manufacturing hit particularly hard and services likely to follow in the coming months.

Meanwhile, French industrial output rebounded in November, offering some bright news. Data released earlier today showed French industrial production rose 0.5 percent from the month before in November.

The benchmark CAC 40 was little changed at 7,430 after losing 0.3 percent the previous day.

In corporate news, CGG rose about 1 percent after projecting a rise in the full-year segment revenue.

Aircraft manufacturer Airbus added half a percent following a deluge of bad news concerning Boeing's 737 Max jets.

Stocktwits
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RTTNews | hace 1
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ADVERTENCIA DE ALTO RIESGO: El comercio de divisas implica un alto nivel de riesgo que puede no ser adecuado para todos los inversores. El efecto de apalancamiento crea un riesgo adicional y una exposición a las pérdidas. Antes de decidirse a operar con divisas, considere cuidadosamente sus objetivos de inversión, su nivel de experiencia y su tolerancia al riesgo. Podría perder una parte o la totalidad de su inversión inicial. No invierta dinero que no puede permitirse perder. Infórmese sobre los riesgos asociados al trading de divisas y pida consejo a un asesor financiero o fiscal independiente si tiene alguna duda. Todos los datos y la información se proporcionan "tal cual" con fines informativos únicamente y no están destinados a fines comerciales o de recomendación. Los resultados pasados no son indicativos de los resultados futuros.