CAC 40 Slides As Tech Stocks Drag

RTTNews | 970 dni temu
Stocktwits
CAC 40 Slides As Tech Stocks Drag

(RTTNews) - French stocks declined on Thursday, with tech names coming under selling pressure after Facebook parent Meta Platforms forecast a weak holiday quarter and significantly more costs next year.

Investors also awaited the ECB rate decision later in the day for direction. The benchmark CAC 40 was down 24 points, or 0.4 percent, at 6,252 after rising 0.4 percent the previous day.

Franco-Italian chipmaker STMicroelectronics slumped 6.4 percent after saying it expects sales growth to slow in the last part of the year.

Casino Group shares jumped almost 19 percent. The retailer said its third-quarter total consolidated net sales rose 5.4 percent on a same-store basis from a year earlier.

TotalEnergies climbed 1.2 percent. The energy and petroleum company said its third-quarter earnings more than doubled to about $9.9 billion, boosted by higher LNG prices and sales.

Schneider Electric tumbled 3.4 percent despite the Group confirming its fiscal 2022 target for EBITA growth. IT consulting firm Capgemini declined 2.7 percent despite posting a rise in its quarterly revenues.

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Eurozone Private Sector Expands For Sixth Straight Month

Eurozone Private Sector Expands For Sixth Straight Month

The euro area private sector expanded for the sixth straight month in June as sustained increases in manufacturing output coincided with a stabilization of services activity, flash purchasing managers' survey results from S&P Global showed on Monday. The flash HCOB composite output index remained unchanged at 50.2 in June. The index posted above the 50.0 no change mark for the sixth month.
RTTNews | 10 minut temu
DAX Dips As Middle East Crisis Deepens

DAX Dips As Middle East Crisis Deepens

Amidst weak sentiment triggered by the U.S. attacks on Iran and fears of Iran's response thereto, the DAX is trading in mildly negative territory.
RTTNews | 49 minut temu
Yen Slides Against Majors

Yen Slides Against Majors

The Japanese yen weakened against other major currencies in the European session on Monday.
RTTNews | 1g 35 minut temu
Sensex, Nifty End Off Day's Lows

Sensex, Nifty End Off Day's Lows

Indian shares fell on Monday, but ended off their day's lows as markets apparently took the U.S. strikes against nuclear targets in Iran in their stride and waited to see how Iran reacts and what happens to Tehran's nuclear program.
RTTNews | 1g 37 minut temu
German Private Sector Returns To Growth

German Private Sector Returns To Growth

Germany's private sector returned to growth in June, led by the manufacturing sector, flash data from S&P Global revealed on Monday.The HCOB composite output index stood at 50.4 in June, rebounding from a five-month low of 48.5 in May. A reading above the neutral 50.0 level signals expansion in the sector. Growth in manufacturing output was partly offset by a slower reduction in services activty
RTTNews | 1g 54 minut temu
Antipodean Currencies Fall Amid Risk-Off Mood

Antipodean Currencies Fall Amid Risk-Off Mood

The antipodean currencies such as the Australia and the New Zealand dollars weakened against other major currencies in the Asian session on Monday due to increased risk-off mood by the investors, amid escalation in the middle east conflict after the U.S. joined Israel in the weeks-long war with Iran, with U.S. carrying out a "successful" airstrike on three nuclear sites in Iran over the weekend. This has heightened fears of a broader regional conflict.
RTTNews | 2g 4 minut temu
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