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CAC 40 Slides In Cautious Trade
(RTTNews) - French stocks traded lower on Monday ahead of this week's busy earnings and economic calendar.
The euro rose against the dollar while bonds fell as traders weighed the outlook for monetary policy ahead of a raft of speeches from central bank officials at the 54th Annual Meeting of the World Economic Forum.
The benchmark CAC 40 was down 21 points, or 0.3 percent, at 7,444 after climbing 1.1 percent on Friday.
Aircraft manufacturer Dassault Aviation plunged 5.6 percent after its deliveries last year fell short of targets.
Atos plummeted 15.6 percent. The technology company named a new CEO and warned that its free cash flow would be slightly below its target in the second half of the year.
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Swiss Market Settles Moderately Lower
The Switzerland market ended weak on Friday, in line with markets across Europe, as investors chose to trim down positions at several counters, continuing to react to earnings updates and assessing the developments on the trade front.
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3h 35minuter sedan
European Markets Close Weak After Cautious Session
European markets closed weak on Friday, as investors reacted to a slew of earnings updates, regional economic data, and continued to assess the recent policy announcements from major central banks, and the developments on the trade front.
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3h 58minuter sedan
Canadian Market Marginally Down As Stocks Swings Between Gains And Losses
After an early upmove and a subsequent fall into negative territory, the Canadian market recovered a bit on Friday, but slipped again in cautious trade.
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4h 46minuter sedan
Chicago Business Barometer Climbs More Than Expected But Still Indicates Contraction
A reading on Chicago-area business activity increased by more than expected in the month of October but continued to indicate contraction, according to a report released by MNI Indicators on Friday. The report said the Chicago business barometer climbed to 43.8 in October after slipping to 40.6 in September. Economists had expected the index to show a more modest increase to 42.3.
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7h 41minuter sedan
Eurozone Inflation Softens On Energy Prices
Eurozone inflation softened in October largely due to the fall in energy prices, while core consumer prices registered a steady growth, official data revealed Friday. The harmonized index of consumer prices rose 2.1 percent on a yearly basis, following a 2.2 percent rise in September, flash estimate from Eurostat showed. Inflation came in line with expectations.
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8h 19minuter sedan
Bay Street May Open On Positive Note
The Canadian market may open on a positive note on Friday as technology stocks are likely to see some brisk buying thanks to encouraging earnings guidance from U.S. tech majors Apple Inc., and Amazon.
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9h 11minuter sedan
FTSE 100 Modestly Lower; Bank Stocks Among Notable Losers
The UK stock market's benchmark index FTSE 100 is down in negative territory on Friday, weighed down by losses in the banking sector. After nine successive days of gains, the index looks likely to settle on a weak note today.
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9h 45minuter sedan
CAC 40 Modestly Lower In Cautious Trade After Inflation Data
The French market is modestly lower on Friday with investors reacting to regional inflation data, and recent earnings updates and central bank policy decisions, in addition to weighing the developments on trade and geopolitical fronts.
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10h 37minuter sedan
