CAC-40 Rises On Earnings Boost

RTTNews | Pred 923 dňami
CAC-40 Rises On Earnings Boost

(RTTNews) - The CAC-40 rallied on Thursday amidst a strong batch of corporate earnings that reiterated the strength of the economy. Markets also shrugged off strong economic data from the U.S. to rule out a hard landing for the economy.

The CAC-40 is currently trading at 7,383.79, up 1.14 percent from the previous close. The day's trading has been between 7,345.10 and 7,387.29.

Only 5 scrips among the 40 scrips in the index are trading in negative territory.

Telecom business Orange surged more than 5 percent following strong financial results. Distiller Pernod Ricard also gained more than 5 percent after posting upbeat results.

Luxury goods maker Kering extended gains with a 3.7 percent addition.

Airbus, Societe Generale, Air Liquide and Worldline, Dassault Systemes have all rallied more than 2 percent.

The EUR/USD pair has edged 0.17 percent lower to 1.0707.

The ten-year bond yield has decreased 0.5 percent to 2.929% versus the previous close of 2.944%.

read more
European Shares Seen Higher At Open

European Shares Seen Higher At Open

European stocks are seen opening broadly higher on Thursday even as Nvidia's disappointing sales forecast raised concerns about the AI spending boom.
RTTNews | Pred 28 minútami
Sensex Nifty Decline On Tariff Worries

Sensex Nifty Decline On Tariff Worries

Indian shares opened on a sluggish note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect, impacting trade worth billions of dollars and risking Washington-New Delhi ties.
RTTNews | Pred 1 h 21 min
European Economic News Preview: Eurozone Economic Sentiment Data Due

European Economic News Preview: Eurozone Economic Sentiment Data Due

Economic confidence and monetary aggregates from the euro area and flash GDP from Switzerland are the top economic news due on Thursday. At 3.00 am ET, the State Secretariat for Economic Affairs is slated to release Swiss GDP data for the second quarter. The economy is expected to grow 0.1 percent sequentially after rising 0.5 percent in the first quarter.
RTTNews | Pred 1 h 22 min
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming early losses in mid-market moves on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.
RTTNews | Pred 2 h 48 min
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders remain optimistic the US Fed will cut interest rates at their next meeting in September. They also remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the Fed's preferred readings on consumer price inflation.
RTTNews | Pred 3 h 3 min
Swiss Market Settles Modestly Higher

Swiss Market Settles Modestly Higher

The Switzerland market closed modestly higher on Wednesday after staying firm right through the day's session, thanks to fairly strong buying at several counters. The benchmark SMI closed up by 46.23 points or 0.38% at 12,207.12. The index moved between 12,166.23 and 12,226.36 during the session.
RTTNews | Pred 3 h 45 min
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese market is trading notably higher on Thursday after opening in the red, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 42,650 level, with gains in index heavyweights, automakers and financial stocks.
RTTNews | Pred 3 h 53 min