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CAC 40 Declines As Growth Worries Deepen
(RTTNews) - French stocks were moving lower on Thursday after data showed U.S. retail sales fell by the most in a year in December, raising concerns about consume spending and the health of the economy.
Weak readings on producer prices and industrial production for the month also stoked concerns over the outlook for economic growth and corporate earnings.
The benchmark CAC 40 dropped 34 points, or half a percent, to 7,048 after ending flat with a positive bias on Wednesday.
Oil & gas stocks fell, with TotalEnergies declining more than 1 percent as crude prices fell nearly $1 a barrel on concerns about the outlook for fuel demand.
Banks BNP Paribas, Credit Agricole and Societe Generale all fell around 1 percent.
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Australian Market Notably Lower
The Australian stock market is trading notably lower on Tuesday, reversing the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,600 level, with weakness across most sectors led by mining and technology stocks.
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Pred 1 h 8 min
U.S. Dollar Advances Against Most Majors
The U.S. dollar strengthened against its most major counterparts in the New York session on Monday.
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Pred 1 h 9 min
Losing Streak May Continue For China Stock Market
The China stock market has finished lower in back-to-back sessions, slumping almost 60 points or 1.5 percent along the way. The Shanghai Composite Index now sits just above the 3,970-point plateau and it may take further damage again on Tuesday.
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Pred 1 h 10 min
RBA Minutes: Global Growth Likely To Slow In H2 2025
Members of the Reserve Bank of Australia's Monetary Policy Board felt that the country's economic growth was expected to slow in the second half of 2025, minutes from the central bank's November 4 monetary policy meeting revealed on Tuesday.
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Pred 1 h 24 min
Taiwan Bourse May Hand Back Monday's Gains
The Taiwan stock market on Monday wrote a finish to the two-day slide in which it had given up almost 550 points or 2 percent. The Taiwan Stock Exchange now sits just beneath the 27,450-point plateau although it's expected to open in the red on Tuesday.
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Pred 1 h 40 min
Singapore Shares May Take Further Damage On Tuesday
The Singapore stock market has finished lower in consecutive trading days, shedding more than 30 points or 0.6 percent along the way. The Straits Times Index now sits just above the 4,540-point plateau and it may extend its losses on Tuesday.
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Pred 2 h 10 min
Little Movement Seen For Malaysia Stock Market
The Malaysia stock market has alternated between positive and negative finishes through the last four trading days since the end of the three-day winning streak in which it had risen more than 15 points or 1 percent. The Kuala Lumpur Composite Index now sits just above the 1,625-point plateau and it's likely to remain rangebound again on Tuesday.
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Pred 2 h 40 min
Continued Consolidation Called For Japan Stock Market
The Japan stock market has finished lower in back-to-back sessions, shedding more than 940 points or 1.9 percent along the way. The Nikkei 225 now rests just above the 50,320-point plateau and it's expected to open under pressure again on Tuesday.
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Pred 2 h 55 min
