CAC 40 Rallies After Israel's Calibrated Attack On Iran

RTTNews | 8j 27min yang lalu
Stocktwits
CAC 40 Rallies After Israel's Calibrated Attack On Iran

(RTTNews) - French stocks rallied on Monday after Israel pounded Iran with a series of airstrikes early Saturday in retaliation for the barrage of ballistic missiles the Islamic Republic fired upon Israel on October 1.

There was no immediate indication that oil or nuclear sites were hit.

Tehran said it will "use all available tools" to respond to the weekend attack on military targets in Iran.

The benchmark CAC 40 was up 72 points, or nearly 1 percent, at 7,569 after finishing marginally lower on Friday.

In corporate news, Eurofins Scientific SE gained 1.3 percent. The company focused on bio-analytical testing said that it has inked a deal with Synlab to acquire its clinical diagnostics operations in Spain for an undisclosed amount.

TotalEnergies dropped 1.1 percent as oil prices fell sharply to a four-week low on easing fears of a Middle East war.

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Election, Economy, Escalation And Expectations Enhance Dollar's Appeal

Election, Economy, Escalation And Expectations Enhance Dollar's Appeal

Uncertainty surrounding the presidential election in the U.S., data underscoring the resilience of the U.S. economy, the escalation in geopolitical tensions in the Middle East as well as the sobering rate cut expectations boosted the U.S. dollar during the week ended October 25.
RTTNews | 4j 15min yang lalu
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Target Cuts Thanksgiving Meal Price, Offers Free Frozen Pizza

Target Corp. announced it is lowering the price of its Thanksgiving meal by $5 than last year's offering. At $20, the retail major's popular Thanksgiving meal featuring turkey, stuffing and five additional side dishes can feed four people. In addition, between November 13 and 16, Target is offering a free frozen pizza with a same-day delivery order for all members of the Target Circle 360.
RTTNews | 5j 40min yang lalu
Sensex, Nifty Snap Five-day Losing Streak

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Indian shares rose notably on Monday as concerns over Middle East tensions eased and private sector lender ICICI Bank posted robust Q2 numbers.
RTTNews | 7j 7min yang lalu
Philips Cuts FY24 Sales View On Weak China Demand; Shares Hit

Philips Cuts FY24 Sales View On Weak China Demand; Shares Hit

Shares of Philips N.V. were losing around 17 percent in the morning trading in Amsterdam as well as in pre-market activity on the NYSE, after the Dutch consumer electronics giant trimmed its comparable sales growth view for fiscal 2024 after reporting weak sales and orders and flat comparable sales in its third quarter. The sales mainly were hit by further deteriorated demand in China.
RTTNews | 7j 22min yang lalu
FTSE 100 Marginally Higher Ahead Of Budget

FTSE 100 Marginally Higher Ahead Of Budget

U.K. stocks were slightly higher on Monday ahead of Prime Minister Sir Keir Starmer's new government's first budget to be unveiled on Wednesday and the release of the widely watched monthly U.S. jobs report due on Friday.
RTTNews | 8j 14min yang lalu
Asian Shares Rise; Nikkei Outperforms On Weaker Yen

Asian Shares Rise; Nikkei Outperforms On Weaker Yen

Asian stocks rose broadly on Monday, with Japanese markets leading regional gains after the country's ruling Liberal Democratic party lost its majority in Parliament's lower house in weekend elections, triggering a sharp fall in the yen to a three-month low and boosting export-related shares.
RTTNews | 8j 55min yang lalu
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