CAC 40 Dips Ahead Of US Jobs Data

RTTNews | 545 dni temu
CAC 40 Dips Ahead Of US Jobs Data

(RTTNews) - French stocks fell on Friday as investors booked some profits ahead of the all-important U.S. jobs report due later in the day.

Closer home, France's industrial production declined for the second straight month in October, data published by the statistical office Insee showed.

Industrial production dropped 2.6 percent month-on-month in October, following a revised 0.9 percent fall in September.

Manufacturing output also contracted at a faster rate of 2.0 percent from September, when it fell by 0.5 percent.

On a yearly basis, industrial production showed no variations in October, while manufacturing output registered an increase of 2.4 percent.

The benchmark CAC 40 dropped 34 points, or half a percent, to 6,720 after closing 0.2 percent higher the previous day.

read more
U.S. Weekly Jobless Claims Show Modest Increase

U.S. Weekly Jobless Claims Show Modest Increase

First-time claims for U.S. unemployment benefits crept modestly higher in the week ended May 25th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims rose to 219,000, an increase of 3,000 from the previous week's revised level of 216,000. Economists had expected jobless claims to inch up to 218,000.
RTTNews | 4g 18 minut temu
U.S. GDP Growth Slows More Than Previously Estimated In Q1

U.S. GDP Growth Slows More Than Previously Estimated In Q1

Revised data released by the Commerce Department on Thursday showed U.S. economic growth slowed by more than previously estimated in the first quarter of 2024. The Commerce Department said gross domestic product climbed by 1.3 percent in the first quarter compared to the previously reported 1.6 percent jump.
RTTNews | 4g 35 minut temu
Eurozone Economic Confidence Rises, Jobless Rate Falls

Eurozone Economic Confidence Rises, Jobless Rate Falls

Euro area economic confidence improved in May as the economy recovered from a recession and the unemployment rate dropped slightly in April, separate data showed on Thursday. The economic confidence index rose less-than-expected to 96.0 in May from 95.6 in the previous month, survey results from the European Commission revealed. The reading was forecast to improve more sharply to 96.2.
RTTNews | 4g 53 minut temu
Bay Street Likely To Open On Mixed Note

Bay Street Likely To Open On Mixed Note

Canadian shares are likely to turn in a mixed performance in early trades Thursday, with investors reacting to earnings updates from major banks, and digesting U.S. and Canadian economic data.
RTTNews | 5g 14 minut temu