CAC 40 Recovers After Weak Start, Up Marginally

RTTNews | 23h 16min atrás
CAC 40 Recovers After Weak Start, Up Marginally

(RTTNews) - French stocks are turning in a mixed performance Thursday morning as investors make largely cautious moves amid a lack of fresh data.

Higher U.S. bond yields, and concerns about potential tariffs under Trump's presidency as well the outlook for interest rate cuts appear to be weighing on stocks.

Trading volumes are a bit thin as U.S. markets are closed today in honor of former U.S. President Jimmy Carter, who died in late December at age 100. A state funeral for the country's 39th president is taking place today.

The benchmark CAC 40, which dropped to 7,029.91, recovered gradually to 7,46.18, gaining 12.76 points or 0.17%.

STMicroElectronics is lower by about 5.6%. Renault, Michelin, Unibail Rodamco, Societe Generale, Stellantis and Thales are down 1 to 2%.

Safran is gaining nearly 1.5%. ArcelorMittal is up 1.2%, while Publicis Groupe, Teleperformance, Eurofins Scientific and Edenred are advancing 0.7 to 1%.

Data from Eurostat showed that Eurozone retail sales increased 0.1% in November over the previous month. Retail sales increased 1.2% in November over the same month in the previous year.

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Asian Markets Mixed Amid Cautious Trades

Asian Markets Mixed Amid Cautious Trades

Asian stock markets are trading mixed on Friday, following the mixed cues from European markets and lack of cues from Wall Street overnight as they were closed, as traders are cautious ahead of the release of the closely watched US monthly jobs later in the day, which will potentially provide additional clarity about the strength of the labor market and the outlook for interest rate cuts.
RTTNews | 6h 6min atrás
Australian Market Maintains Early Losses In Mid-market

Australian Market Maintains Early Losses In Mid-market

The Australian stock market is maintain its early losses in mid-market trading on Friday, also adding to the losses in the previous session, following the mixed cues from European markets and lack of cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,300 level, with weakness in financial, energy and technology stocks partially offset by gains in mining stocks.
RTTNews | 6h 41min atrás
Japanese Market Notably Lower

Japanese Market Notably Lower

Extending the losses in the previous two sessions, the Japanese market is notably lower on Friday, following the mixed cues from European markets and lack of cues from Wall Street overnight as they were closed. The Nikkei 225 is falling well below the 39,300 level, with weakness across most sectors led by index heavyweights and financial stocks. Technology stocks are the only bright spot.
RTTNews | 7h 0min atrás
Australian Market Notably Lower

Australian Market Notably Lower

The Australian stock market is notably lower on Friday, extending the losses in the previous session, following the mixed cues from European markets and lack of cues from Wall Street overnight as they were closed. The benchmark S&P/ASX 200 is falling below the 8,300 level, with weakness in financial and technology stocks partially offset by gains in mining and energy stocks.
RTTNews | 7h 24min atrás
Higher Open Called For Thai Stock Market

Higher Open Called For Thai Stock Market

The Thai stock market has moved lower in consecutive trading days, surrendering almost 30 points or 2.2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,360-point plateau although it nay see bargain hunting on Friday.
RTTNews | 7h 27min atrás
Mild Upside Seen For Indonesia Stock Market

Mild Upside Seen For Indonesia Stock Market

The Indonesia stock market has moved lower in two straight sessions, slipping almost 20 points or 0.3 percent along the way. The Jakarta Composite Index now sits just above the 7,060-point plateau although it's expected to open in the green on Friday.
RTTNews | 7h 57min atrás