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CAC 40 Slips Into Red In Lackluster Trade
(RTTNews) - French stocks traded lower on Tuesday as traders looked ahead to a European Central Bank policy meeting due later in the week for clues on the timing and pace of interest-rate cuts.
Investors were also reacting to reports suggesting that Chinese authorities are considering a package of measures to stabilize the country's slumping stock market.
The benchmark CAC 40 was down 19 points, or 0.3 percent, at 7,393 after rising 0.6 percent the previous day.
Healthcare firm Sanofi fell about 1 percent after it agreed to buy the U.S. biotech Inhibrx Inc. for as much as $2.2 billion.
Ipsen SA rose about half a percent after its phase-three trial of prostate cancer drug Cabometyx yielded positive results.
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European Shares Mostly Higher As Nvidia Outlook Lifts Sentiment
European stocks were mostly higher on Thursday as Nvidia's positive results helped ease AI slowdown fears. U.K. markets underperformed as banks and utilities declined.
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15 minuter sedan
Asian Shares Rise As Nvidia Beats Expectations
Asian stocks ended mostly higher on Thursday as Nvidia's strong results quelled worries over weakening AI demand.
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40 minuter sedan
U.S. Dollar Falls Amid Fed Rate Cut Speculation
The U.S. dollar weakened against other major currencies in the Asian session on Thursday, after the Fed official left the door open for an interest rate cut next month.
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44 minuter sedan
Europe Car Sales Rebound In July
Europe's new car sales rebounded in July on strong demand for battery electric and plug-in hybrid cars, the European Automobile Manufacturers' Association reported Thursday. Car registrations in the European Union advanced 7.4 percent year-on-year in July, offsetting June's 7.3 percent decrease. Data showed an annual rise of 39.1 percent for battery-electric and 14.3 percent for hybrid-electric
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1h 48minuter sedan
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Thursday.
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2h 11minuter sedan
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.
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3h 40minuter sedan
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.
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4h 32minuter sedan
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.
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4h 33minuter sedan
