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CAC 40 Declines On Growth Worries
(RTTNews) - French stocks fell on Tuesday amid growth concerns after a survey showed business activity in the country grew at the slowest pace in four months in May.
The flash reading for the May composite PMI - which comprises both the services and manufacturing sectors - fell from 52.4 to 51.4 - marking the lowest level since a January reading of 49.0. Economists forecast a reading of 52.0 points.
U.S. debt ceiling worries and signs of increasing Sino-U.S. tensions also kept investors nervous.
The benchmark CAC 40 was down 0.8 percent at 7,416 after closing 0.2 percent lower the previous day.
Lender Societe Generale jumped 2.4 percent after the lender confirmed the launch of a global employee share ownership program.
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Pound Slides Against Most Majors
The pound fell against its most major counterparts in the New York session on Thursday.
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2 h 11 min atrás
Swiss Market Ends Moderately Lower
Despite a decent spell in positive territory till about an hour before noon, the Switzerland market turned weak and kept drifting lower as the session progressed on Thursday to eventually settle with a moderate loss.
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4 h 3 min atrás
European Stocks Close Mostly Weak As Investors React To Earnings
European markets closed mostly lower on Thursday as investors reacted to a slew of earnings announcements and digested the latest batch of economic data from the region, and also followed the developments on the trade front.
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4 h 33 min atrás
U.S. Consumer Price Growth Matches Estimates In June
A closely watched report released by the Commerce Department on Thursday showed consumer prices in the U.S. increased in line with economist estimates in the month of June. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.3 percent in June after inching up by an upwardly revised 0.2 percent in May.
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7 h 21 min atrás
German Unemployment Rises In July
Germany's unemployment increased less than expected in July but the overall number of people out of work remained close to the 3 million mark due to the prolonged period of economic slowdown, official data revealed on Thursday. The number of unemployed rose by less-than-expected 2,000 from June, the Federal Employment Agency said. For July, economists had forecast an increase of 15,000.
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8 h 4 min atrás
U.S. Jobless Claims Inch Up Less Than Expected To 218,000
First-time claims for U.S. unemployment benefits edged slightly higher in the week ended July 26th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims crept up to 218,000, an increase of 1,000 from the previous week's unrevised level of 217,000. Economists had expected jobless claims to rise to 224,000.
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8 h 12 min atrás
U.S. Consumer Prices Increase In Line With Estimates In June
A closely watched report released by the Commerce Department on Thursday showed consumer prices in the U.S. increased in line with economist estimates in the month of June.
RTTNews
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8 h 55 min atrás
Bay Street Looks Headed For Positive Start
Canadian shares look headed for a positive start Thursday morning, with investor sentiment getting a boost thanks to strong results from US tech majors Meta Platforms and Microsoft.
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8 h 59 min atrás
