CAC 40 Declines On Growth Worries

RTTNews | 767 dagar sedan
CAC 40 Declines On Growth Worries

(RTTNews) - French stocks were moving lower on Monday as investors nervously await the outcomes of central bank meetings this week in the U.S., Europe and Japan.

Growth worries also weighed after a survey showed Eurozone business output fell at the fastest rate for eight months in July.

The benchmark CAC 40 was down 14 points, or 0.2 percent, at 7,418 after climbing 0.7 percent on Friday.

Alstom rose over 1 percent. The French rolling stock maker and RAILPOOL, a German rolling stock leasing firm, have signed a contract worth up to 260 million euros, for 50 Traxx Universal multi-purpose locomotives.

Sodexo edged up slightly after the catering and food services group announced the acquisition of U.S.-based A.H. Management Group.

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Asian Shares Mixed Ahead Of US PCE Inflation Data

Asian Shares Mixed Ahead Of US PCE Inflation Data

Asian stocks ended mixed on Friday as caution prevailed ahead of a key U.S. inflation report due later in the day that might show core personal consumption expenditures prices rose 2.9 percent in July, the fastest pace in five months.
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European Shares Seen Mostly Lower Before US Inflation Data

European Shares Seen Mostly Lower Before US Inflation Data

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Australian Market Swings To Modest Gains In Mid-market

Australian Market Swings To Modest Gains In Mid-market

The Australian stock market is swinging to modest gains in mid-market moves on Friday after opening in the red, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with gains in energy and technology stocks partially offset by weakness in mining and financial stocks.
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Asian Markets Mixed Amid Caution Trades

Asian Markets Mixed Amid Caution Trades

Asian stock markets are mixed on Friday, following the broadly positive cues from Wall Street overnight, ahead of the release of key U.S. inflation data later in the day that could impact the outlook for interest rates. Traders also digested highly anticipated earnings news from Nvidia, with the AI darling and market leader reporting second-quarter results that largely exceeded expectations.
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