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CAC 40 Declines As Growth Worries Deepen
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805 days ago

(RTTNews) - French stocks were moving lower on Thursday after data showed U.S. retail sales fell by the most in a year in December, raising concerns about consume spending and the health of the economy.
Weak readings on producer prices and industrial production for the month also stoked concerns over the outlook for economic growth and corporate earnings.
The benchmark CAC 40 dropped 34 points, or half a percent, to 7,048 after ending flat with a positive bias on Wednesday.
Oil & gas stocks fell, with TotalEnergies declining more than 1 percent as crude prices fell nearly $1 a barrel on concerns about the outlook for fuel demand.
Banks BNP Paribas, Credit Agricole and Societe Generale all fell around 1 percent.
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South Korea Stock Market May Extend Losing Streak
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Swiss Market Ends Sharply Lower On Tariff Woes
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10h 9min ago
European Stocks Close Sharply Lower As Trump's Tariff Announcement Triggers Sell-off
European stocks tumbled on Thursday with several markets falling to multi-month lows as U.S. President Donald Trump's sweeping "reciprocal tariffs" announcement triggered widespread selling.
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10h 30min ago
Canadian Market Down Sharply On Heavy Selling As Trump's Tariffs Hurt Sentiment
Canadian stocks are deep down in the red on Thursday, hurt by U.S. President Donald Trump's sweeping tariff announcement that is likely to trigger a global trade war, which could push up inflation and hinder economic growth.
The benchmark S&P/TSX Composite Index, which crashed to 24,429.24, losing about 880 points, was down 737.43 points or 2.91% at 24,569.75 a little while ago.
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11h 20min ago
U.S. Services Index Drops To Nine-Month Low In March
U.S. service sector growth slowed by more than anticipated in the month of March, according to a report released by the Institute for Supply Management on Thursday. The ISM said its services PMI fell to 50.8 in March after inching up to 53.5 in February. While a reading above 50 still indicates growth, economists had expected the index to show a more modest decrease to 53.0.
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13h 7min ago
U.S. Trade Deficit Shrinks From Record High As Exports Surge
The Commerce Department released a report on Thursday showing the U.S. trade deficit narrowed in the month of February after soaring to a record high in January. The report said the trade deficit decreased to $122.7 billion in February after spiking to a revised $130.7 billion in January.
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13h 12min ago