Advertisement
CAC 40 Climbs As Biden Says US Can Avert Recession
(RTTNews) - French stocks advanced on Friday amid optimism that China's economy is poised for a steady recovery from the COVID-19 impact.
Investors were also reacting to comments by U.S. President Joe Biden that a U.S. recession isn't inevitable and that the country was "in a stronger position than any nation in the world to overcome inflation."
The benchmark CAC 40 rose 49 points, or 0.8 percent, to 5,935 after declining 2.4 percent in the previous session.
EssilorLuxottica SA shares rose over 2 percent. The provider of ophthalmic lenses and frame said it will buy back up to 2.5 million shares in the period starting from June 17 to August 31, for a price not exceeding 200 euros per share.
read more
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Friday.
RTTNews
|
1s 5 dakika önce
Australian Market Trims Early Gains In Mid-market
The Australian stock market is trimming its early gains in mid-market moves on Friday, reversing the losses in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up near the 8,800 level, with gains in financial, energy and technology stocks partially offset by a mixed performance in mining stocks.
RTTNews
|
1s 24 dakika önce
Asian Markets Trade Mixed
Asian stock markets are trading mixed on Friday, following the broadly positive cues from Wall Street overnight, as traders continued to digest the US Fed's interest rate cut by a quarter point and its impact on the markets. Fed officials' forecasts suggest two more rate cuts this year but just one next year, although there were significant differences of opinion about the outlook.
RTTNews
|
1s 43 dakika önce
Sensex, Nifty Eye Cautious Start After Recent Gains
Indian shares are seen opening little changed on Friday after recent gains supported by GST reforms and encouraging progress in India-U.S. trade discussions.
RTTNews
|
2s 12 dakika önce
Thai Shares May Halt Slide On Friday
The Thai stock market has moved lower in consecutive trading days, shedding more than 10 points of 0.8 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,300-point plateau, although it may find support on Friday.
RTTNews
|
2s 45 dakika önce
Japanese Market Notably Higher
Extending the gains in the previous session, the Japanese market is notably higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 45,700 level, with gains across most sectors led by automakers, financial and technology stocks.
RTTNews
|
3s 3 dakika önce
Higher Open Tipped For Indonesia Stock Market
The Indonesia stock market on Thursday ended the seven-day winning streak in which it had surged almost 400 points or 5 percent. The Jakarta Composite Index now sits just shy of the 8,010-point plateau, although it may tick higher again on Friday.
RTTNews
|
3s 15 dakika önce
Australian Market Notably Higher
The Australian stock market is trading notably higher on Friday, reversing the losses in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,800 level, with gains energy and technology stocks partially offset by weakness in mining stocks.
RTTNews
|
3s 16 dakika önce
