CAC 40 Edges Higher; Saint Gobain Shares Rally On Earnings

RTTNews | 816 วันที่ผ่านมา
CAC 40 Edges Higher; Saint Gobain Shares Rally On Earnings

(RTTNews) - French stocks opened higher on Friday to extend gains from the previous session amid optimism that the world may avoid a deep recession and only experience slow growth or a softer recession.

Amid uncertainty over the future trajectory of the Federal Reserve' rate hikes, investors looked ahead to the release of the Fed's preferred inflation tool later in the day for further direction.

The benchmark CAC 40 was up 26 points, or 0.4 percent, at 7,344 after gaining 0.3 percent the previous day.

Saint-Gobain jumped nearly 5 percent. After posting record annual revenue, the building materials firm said it would allocate at least 400 million euros for share buybacks in 2023 in line with the objectives set out in its "Grow & Impact" plan.

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Canadian Dollar Rises As Inflation Climbs

Canadian Dollar Rises As Inflation Climbs

The Canadian dollar advanced against its most major counterparts in the New York session on Tuesday, after a data showed that inflation accelerated in April.
RTTNews | 1 ชม. 28 นาทีที่ผ่านมา
Swiss Market Ends Modestly Higher

Swiss Market Ends Modestly Higher

The Switzerland market suffered a mild setback in early trades on Tuesday, but recovered soon and then stayed firm right till the end of the session to finish with a modest gain. Investors tracked corporate news and the developments on the geopolitical front.
RTTNews | 2 ชม. 16 นาทีที่ผ่านมา
European Stocks Recover After Weak Start, Close Broadly Higher

European Stocks Recover After Weak Start, Close Broadly Higher

European stocks closed broadly higher on Tuesday amid easing tariff worries, and expectations that Russia and Ukraine would soon begin ceasefire negotiations. The UK-EU trade agreement on Monday contributed as well to the positive mood in European markets.
RTTNews | 2 ชม. 36 นาทีที่ผ่านมา
TSX Extends Gains To 10th Straight Session, Hits New Record High

TSX Extends Gains To 10th Straight Session, Hits New Record High

Canadian shares are up in positive territory Tuesday morning, extending gains to a tenth straight session, amid easing concerns about tariffs, and some brisk buying in gold stocks on safe-haven appeal following Moody's downgrading U.S. credit rating, citing debt concerns. Investors are also digesting a report showing a drop in Canada's annual inflation rate.
RTTNews | 4 ชม. 7 นาทีที่ผ่านมา
Honda Cuts EV Sales, Investment Targets As It Shifts Focus

Honda Cuts EV Sales, Investment Targets As It Shifts Focus

Honda Motor Co., Ltd. announced Tuesday that it is realigning automobile business strategy, with a cut in planned electric vehicle or EV sales ratio, and investment for automobile electrification due to the recent market slowdown. Meanwhile, Honda expects a minimal increase in investment related to Hybrid Electric Vehicle or HEV business.
RTTNews | 5 ชม. 7 นาทีที่ผ่านมา
U.S. Dollar Slides Amid U.S. Tariff Uncertainty

U.S. Dollar Slides Amid U.S. Tariff Uncertainty

The U.S. dollar weakened against other major currencies in the European session on Tuesday, due to fiscal and economic concerns amid uncertainties about U.S. tariffs.
RTTNews | 8 ชม. 3 นาทีที่ผ่านมา
FTSE 100 Moderately Higher As Investors Focus On Earnings

FTSE 100 Moderately Higher As Investors Focus On Earnings

U.K. stocks are up in positive territory on Tuesday, extending gains to a fourth straight session. The focus largely on corporate earnings updates, and the developments on the trade front.
RTTNews | 8 ชม. 51 นาทีที่ผ่านมา