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CAC 40 Rises In Cautious Trade
(RTTNews) - French stocks advanced on Wednesday, with healthcare and consumer discretionary firms rising heading into the year-end holiday period.
Underlying sentiment remained supported somewhat after a survey showed German consumer sentiment is set to extend its recovery heading into the new year as a result of government measures to curb rising energy costs.
The forward-looking consumer sentiment index rose to -37.8 in January from -40.1 in December while economists had forecast a score of 38.0.
The benchmark CAC 40 jumped 38 points, or 0.6 percent, to 6,488 after closing 0.4 percent lower the previous day.
Asian markets ended on a mixed note, while trading in U.S. stock futures pointed to a positive open later in the day.
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U.S. Dollar Higher On Trade Hopes
The U.S. dollar appreciated against its major counterparts in the New York session on Friday, as investors focused on developments on the trade front.
RTTNews
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Pred 11 h 33 min
Swiss Market Ends On Firm Note On Upbeat Industrial Production Data
After a positive start and a subsequent rise to higher levels Friday morning, the Switzerland market remained firm despite paring some gains, and ended the day's session on a bright note.
Data showing a sharp jump in Swiss industrial production in the first-quarter aided sentiment.
RTTNews
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Pred 13 h 22 min
European Stocks Close Week On Positive Note
European stocks closed higher on Friday thanks to easing trade tensions following the announcement of the U.S.-China deal earlier in the week, and reports that the EU bloc's talks with the U.S. for a reduction in tariffs are making positive progress.
RTTNews
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Pred 13 h 45 min
Canadian Market Recovers After Weak Start; TSX Up Marginally
Canadian stocks are turning in a mixed performance a little past noon on Friday after recovering from an early setback. Investors appear to be making cautious moves after eight straight days of gains that saw the market climb to a new record high on Thursday.
RTTNews
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Pred 14 h 33 min
U.S. Consumer Sentiment Unexpectedly Continues To Deteriorate In May
Consumer sentiment in the U.S. has unexpectedly continued to deteriorate in the month of May, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index dipped to 50.8 in May after slumping to 52.2 in April. Economists had expected the index to inch up to 53.4.
RTTNews
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Pred 16 h 39 min
U.S. Import, Export Prices Unexpectedly Inch Higher In April
The Labor Department released a report on Friday unexpectedly showing modest increases by both U.S. import and export prices in the month of April. The report said import prices crept up by 0.1 percent in April after falling by a downwardly revised 0.4 percent in March.
RTTNews
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Pred 16 h 42 min
U.S. Housing Starts Rebound Less Than Expected In April, Building Permits Pull Back Sharply
While the Commerce Department released a report on Friday showing a rebound by new residential construction in the U.S. in the month of April, the report also showed a substantial pullback by building permits during the month.
RTTNews
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Pred 16 h 46 min
Eurozone Trade Surplus Surges On Exports To US
The euro area trade surplus grew strongly in March as exports to the U.S increased sharply ahead of the expected increase in trade tariffs. The trade balance showed a surplus of EUR 36.8 billion compared to a EUR 22.8 billion surplus in the same period last year, Eurostat reported Friday.
RTTNews
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Pred 17 h 32 min
