CAC 40 Declines On China Concerns

RTTNews | 327天前
CAC 40 Declines On China Concerns

(RTTNews) - French stocks traded lower on Wednesday due to concerns about slowing Chinese growth and the widening U.S. fiscal deficit.

The benchmark CAC 40 dropped 34 points, or half a percent, to 7,501 after ending little changed the previous day.

L'Oreal tumbled 4 percent after the cosmetics giant reported a rise in third quarter sales that missed expectations due to low consumer confidence in China.

Thales gave up 2 percent despite reporting higher sales and orders in the first nine months of the year.

Air Liquide dropped 1 percent. The industrial gases supplier delivered third-quarter revenue in line with market expectations.

Ipsen fell 1.3 percent. The global specialty-care biopharmaceutical company reported strong sales momentum in the first nine months of 2024.

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Swiss Market Ends Weak After Choppy Ride

Swiss Market Ends Weak After Choppy Ride

The Switzerland market ended on a weak note on Monday after spending much of the day's session in negative territory, as investors stayed wary of picking up stocks, choosing to wait for some clear directional clues.
RTTNews | 1小时18分钟前
European Markets Close Mostly Higher Ahead Of Central Bank Policy Meetings

European Markets Close Mostly Higher Ahead Of Central Bank Policy Meetings

The markets in Europe closed mostly higher on Monday, although the UK market underperformed and settled slightly lower. Investors digested a batch of regional economic data, and looked ahead to the monetary policy announcements from the Federal Reserve, the Bank of England the Bank of Japan due later in the week.
RTTNews | 1小时38分钟前
Canadian Market Modestly Higher; Energy, Materials Stocks Rise

Canadian Market Modestly Higher; Energy, Materials Stocks Rise

The Canadian market is up in positive territory Monday afternoon, with stocks from energy, materials, technology and consumer discretionary sectors contributing to the upmove. The mood remains cautious with investors looking ahead to interest rate decisions from the Bank of Canada and the Federal Reserve on Wednesday.
RTTNews | 3小时5分钟前
Major European Markets Up In Positive Territory As Investors Eye Central Bank Meetings

Major European Markets Up In Positive Territory As Investors Eye Central Bank Meetings

After a cautious start, European markets are up in positive territory Monday afternoon with investors picking up stocks amid hopes of a rate cut by the Federal Reserve on Wednesday. The Bank of England, which is scheduled to announce its monetary policy on Thursday, is widely expected to hold rates steady. The Bank of Japan's policy announcement is also due this week.
RTTNews | 6小时5分钟前
New York Manufacturing Index Unexpectedly Turns Negative In September

New York Manufacturing Index Unexpectedly Turns Negative In September

A report released by the Federal Reserve Bank of New York on Monday showed a substantial downturn by New York manufacturing activity in the month of September. The New York Fed said its general business conditions index plunged to a negative 8.7 in September from a positive 11.9 in August, with a negative reading indicating contraction. Economists had expected the index to fall to a positive 5.0.
RTTNews | 6小时17分钟前
Mixed Open Seen For Canadian Shares

Mixed Open Seen For Canadian Shares

Bay Street may open on a mixed note Monday morning, tracking commodity prices. With rate decisions from the Federal Reserve and the Bank of Canada due on Wednesday, the mood is likely to remain a bit cautious at times.
RTTNews | 6小时58分钟前
UK Stocks Turning In Mixed Performance

UK Stocks Turning In Mixed Performance

The UK stock market's benchmark FTSE 100 is roughly flat about an hour past noon on Monday, with stocks turning in a mixed performance. Shares of mining companies are exhibiting weakness due to data showing a slowdown in China's industrial output in the month of August.
RTTNews | 7小时31分钟前