Advertisement
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.
read more
KOSPI Expected To Halt Losing Streak
The South Korea stock market has finished lower in three straight sessions, slipping more than 100 points or 2.8 percent along the way. The KOSPI sits just above the 3,385-point plateau although it may stop the bleeding on Monday.
RTTNews
|
26 minuter sedan
Japan Leading Index Data Due On Monday
Japan will on Monday release July results for its leading and coincident indexes, highlighting a very light day for Asia-Pacific economic activity.
RTTNews
|
1h 26minuter sedan
U.S. Dollar Drops After PCE Inflation Data
The U.S. dollar fell against its major counterparts in the New York session on Friday, following the release of PCE inflation data.
RTTNews
|
2 dagar sedan
Canadian Market Modestly Higher; Materials Stocks Shine
The Canadian market looks set to end on a positive note on Friday with the nation's GDP data and data showing U.S. consumer prices increased in line with expectations in the month of August help underpin sentiment.
RTTNews
|
2 dagar sedan
Swiss Market Settles On Firm Note
The Switzerland market closed on a firm note on Friday, in line with markets across Europe, as data showing U.S. consumer prices increased in line with estimates helped ease concerns about the outlook for rate cuts by the Federal Reserve. Investors largely shrugged off U.S. President Donald Trump's announcement of a fresh round of tariffs.
RTTNews
|
2 dagar sedan
European Markets Close On Firm Note On Renewed Hopes Of Fed Rate Cuts
Despite U.S. President Donald Trump's announcement of fresh tariffs on several items imported into America, the major European markets closed on a firm note on Friday amid prospects of the Federal Reserve lowering interest rates after a closely watched data showed consumer prices in U.S. increased in line with estimates in the month of August.
RTTNews
|
2 dagar sedan
U.S. Consumer Sentiment Declines Slightly More Than Initially Estimated In September
Consumer sentiment in the U.S. deteriorated by slightly more than previously estimated in the month of September, according to revised data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index for September was downwardly revised to 55.1 from a preliminary ready of 55.4.
RTTNews
|
2 dagar sedan
U.S. Consumer Price Growth Matches Estimates In August
The Commerce Department released a report on Friday showing consumer prices in the U.S. increased in line with economist estimates in the month of August. The report said the personal consumption expenditures (PCE) price index climbed by 0.3 percent in August after rising by 0.2 percent in July. The price growth matched expectations.
RTTNews
|
2 dagar sedan
