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CAC 40 Slips Into Red In Lackluster Trade
(RTTNews) - French stocks traded lower on Tuesday as traders looked ahead to a European Central Bank policy meeting due later in the week for clues on the timing and pace of interest-rate cuts.
Investors were also reacting to reports suggesting that Chinese authorities are considering a package of measures to stabilize the country's slumping stock market.
The benchmark CAC 40 was down 19 points, or 0.3 percent, at 7,393 after rising 0.6 percent the previous day.
Healthcare firm Sanofi fell about 1 percent after it agreed to buy the U.S. biotech Inhibrx Inc. for as much as $2.2 billion.
Ipsen SA rose about half a percent after its phase-three trial of prostate cancer drug Cabometyx yielded positive results.
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European Stocks Close Lower On Political Concerns, Tariff Worries
European stocks closed weak on Tuesday, weighed down by political uncertainty in France, and lingering concerns about tariffs and their impact on global economic growth.
RTTNews
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29 minutos atrás
U.S. Consumer Confidence Index Edges Lower In August
A report released by the Conference Board on Tuesday showing a modest deterioration by consumer confidence in the U.S. in the month of August. The Conference Board said its consumer confidence index dipped to 97.4 in August from an upwardly revised 98.7 in July.
RTTNews
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3 h 59 min atrás
U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected
Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July. The Commerce Department said durable goods orders slumped by 2.8 percent in July after plummeting by a revised 9.4 percent in June.
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4 h 10 min atrás
Bay Street May Open On Weak Note
Canadian shares look headed for negative start on Tuesday, weighed down by weak oil prices, and concerns about global trade after U.S. President Donald Trump threatened 200% tariffs on China if Beijing does not export rare-earth magnets to the U.S.
RTTNews
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5 h 29 min atrás
U.S. Durable Goods Orders Tumble Less Than Expected In July
Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July.
RTTNews
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5 h 34 min atrás
FTSE 100 Modestly Lower
After posting gains in the previous five sessions, the U.K. market is exhibiting weakness on Tuesday, weighed down by losses in financials and retail sectors.
RTTNews
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5 h 57 min atrás
CAC Down Sharply On Widespread Selling
French stocks are down sharply on Tuesday, extending previous session's steep drop, amid ongoing political uncertainty in the country.
RTTNews
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6 h 21 min atrás
DAX Extending Recent Weakness
German stocks are down in negative territory on Tuesday, extending losses from the previous session, due to geopolitical concerns and uncertainty about tariffs.
RTTNews
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7 h 44 min atrás
