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CAC 40 Up Nearly 1%; Schneider Electric Rises Over 3.5%

RTTNews | 5h 35min atrás

CAC 40 Up Nearly 1%; Schneider Electric Rises Over 3.5%

(RTTNews) - French stocks are up firmly in positive territory on Wednesday, recovering strongly after suffering a setback in the previous session amid concerns over debt sustainability in major economies across Europe and Asia, and political uncertainty in France.

Investors are also digesting the latest batch of regional economic data. Data showing an improvement in France Services Sector activity is aiding sentiment a bit.

The benchmark CAC 40, which climbe to 7,736.76 earlier in the session, pared some gains subsequently, and was up 73.68 points or 0.96% at 7,727.93 a few minutes ago.

Schneider Electric is gaining 3.6% and STMicroElectronics is up 3.25%. ArcelorMittal and Airbus are up 2.5% and 2.4%, respectively.

LVMH, Capgemini, Thales, Hermes International, Pernod Ricard, Veolia Environment, Publicis Groupe, Saint-Gobain, Legrand, Sanofi and Safran are up 1 to 2%.

Orange and Teleperformance are down by about 1% from their previous closing levels. Renault, Vivendi and AXA are down with moderate losses.

The HCOB Composite PMI in France increased to 49.8 in August from 48.6 in July of 2025, data from S&P Global showed. The Services PMI rose to 49.8 in August 2025 from 48.5 in July, slightly above the initial estimate of 49.7. This marked its highest level in a year.

The HCOB Eurozone Composite Purchasing Managers' Index (PMI) edged up from 50.9 in July to 51.0, marking a 12-month high.

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U.S. Job Openings Fall To Ten-Month Low In July

U.S. Job Openings Fall To Ten-Month Low In July

Job openings in the U.S. fell to their lowest level in ten months in July, according to a report released by the Labor Department on Wednesday. The Labor Department said job openings dipped to 7.181 million in July after tumbling to a downwardly revised 7.357 million in June.

RTTNews | 1h 27min atrás

U.S. Factory Orders Slump Roughly In Line With Estimates In July

U.S. Factory Orders Slump Roughly In Line With Estimates In July

A report released by the Commerce Department on Wednesday showed an extended slump by new orders for U.S. manufactured goods in the month of July. The Commerce Department said factory orders fell by 1.3 percent in July after plunging by 4.8 percent in June. Economists had expected factory orders to decrease by 1.4 percent.

RTTNews | 2h 33min atrás

Eurozone Private Sector Growth At 1-Year High

Eurozone Private Sector Growth At 1-Year High

The euro area private sector expanded at the fastest pace in a year in August but the overall pace was sluggish as the service sector held back growth, final survey data from S&P Global showed on Wednesday. The HCOB composite output index rose to 51.0 in August from 50.9 in July. The score was slightly below the initial estimate of 51.1.

RTTNews | 3h 49min atrás

Bay Street Likely To Open On Mixed Note

Bay Street Likely To Open On Mixed Note

Canadian shares are likely to open on a somewhat mixed note on Wednesday, tracking commodity prices. With some crucial economic data, including jobs data from Canada and the U.S. due later in the week, the mood is likely to remain cautious.

RTTNews | 4h 9min atrás

FTSE Up Nearly 0.6%; Miners Among Top Gainers

FTSE Up Nearly 0.6%; Miners Among Top Gainers

The U.K. market remains well placed in positive territory in early afternoon trades on Wednesday, coming back strongly after posting a notable loss in the previous session. Mining stocks are among the prominent gainers.

RTTNews | 4h 57min atrás

Sensex, Nifty End Higher After Choppy Trade

Sensex, Nifty End Higher After Choppy Trade

Indian shares closed higher on Wednesday despite weak cues from global markets as investors grappled with rising bond yields and renewed trade uncertainty.

RTTNews | 6h 25min atrás

DAX Moderately Higher As Stocks Recover After Recent Tumble

DAX Moderately Higher As Stocks Recover After Recent Tumble

The German market is gaining some ground in positive territory on Wednesday, with several counters attracting buyers after suffering a sharp setback in the previous session amid uncertainty about prospects of growth in major economies in Europe.

RTTNews | 6h 28min atrás

European Shares Edge Higher After PMI Data

European Shares Edge Higher After PMI Data

European stocks traded higher on Wednesday as a selloff in longer-dated bonds appeared to stabilize, and a survey showed the euro zone economy continued its slow expansion in August despite a weakening in services sector growth.

RTTNews | 7h 44min atrás

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