CAC 40 Declines On US-China Tensions

RTTNews | 829 dias atrás
Stocktwits
CAC 40 Declines On US-China Tensions

(RTTNews) - French stocks tumbled on Monday as robust U.S. jobs data released on Friday fanned fears of more interest rate hikes to cool inflation.

According to the Federal Reserve, a strong labor market would lead to excessive wage growth which, in turn, would lead to inflation pressures.

U.S-China tensions also remained on investors' radar after the Biden administration decided to postpone Secretary of State Antony Blinken's upcoming trip to China in response to the Pentagon's discovery of an alleged Chinese spy balloon, that was later shot down.

The benchmark CAC 40 was down 66 points, or 1 percent, at 7,168 after climbing 0.9 percent on Friday.

Eurazeo fell over 1 percent after the investment company named a new executive board that will be led by two chairmen.

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Hang Seng Tipped To Open To The Upside On Friday

Hang Seng Tipped To Open To The Upside On Friday

The Hong Kong stock market has moved lower in two of three trading days since the end of the eight-day winning streak in which it had surged almost 1,600 points or 7.1 percent. The Hang Seng Index now sits just above the 23,450-point plateau and it's expected to bounce higher again on Friday.
RTTNews | 18 minutos atrás
Australian Market Significantly Higher

Australian Market Significantly Higher

The Australian stock market is trading significantly higher on Friday, adding to the gains in the previous seven sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving to near the 8,400 level, with gains across most sectors led by mining, financial and technology stocks.
RTTNews | 30 minutos atrás
Renewed Support Anticipated For China Stock Market

Renewed Support Anticipated For China Stock Market

The China stock market on Thursday halted the three-day winning streak in which it had jumped almost 65 points or 1.9 percent. The Shanghai Composite Index now rests just above the 3,380-point plateau and it's tipped to open in the green on Friday.
RTTNews | 33 minutos atrás
Higher Open Called For Taiwan Stock Market

Higher Open Called For Taiwan Stock Market

The Taiwan stock market on Thursday snapped the four-day winning streak in which it had surged almost 1,250 points or 6.2 percent. The Taiwan Stock Exchange now sits just above the 21,730-point plateau although it's likely to tick higher again on Friday.
RTTNews | 1 h 3 min atrás
Singapore Stock Market May Extend Thursday's Gains

Singapore Stock Market May Extend Thursday's Gains

The Singapore stock market bounced higher again on Thursday, one day after ending the two-day winning streak in which it had gathered more than 30 points or 0.8 percent. The Straits Times Index now sits just above the 3,890-point plateau and it may add to its winnings on Friday.
RTTNews | 1 h 33 min atrás
Japan GDP Slips 0.2% On Quarter In Q1

Japan GDP Slips 0.2% On Quarter In Q1

The Japanese economy contracted a seasonally adjusted 0.2 percent on quarter in the first quarter of 2025, the Cabinet Office said on Friday - missing expectations for a decline of 0.1 percent following the 0.6 percent gain in the three months prior.
RTTNews | 1 h 36 min atrás
Malaysia Shares May Bounce Higher Again On Friday

Malaysia Shares May Bounce Higher Again On Friday

The Malaysia stock market on Thursday snapped the three-day winning streak in which it had risen more than 40 points or 2.7 percent. The Kuala Lumpur Composite Index now sits just above the 1,570-point plateau although it may see renewed support on Friday.
RTTNews | 2 h 3 min atrás
Japan Shares Tipped To End Losing Streak

Japan Shares Tipped To End Losing Streak

The Japanese stock market has moved lower in back-to-back sessions, dropping almost 450 points or 1.3 percent along the way. The Nikkei 225 now sits just above the 37,750-point plateau although it may find traction on Friday.
RTTNews | 2 h 18 min atrás
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