CAC 40 Edges Higher In Cautious Trade

RTTNews | 683 days ago
Stocktwits
CAC 40 Edges Higher In Cautious Trade

(RTTNews) - French stocks rose slightly on Thursday and the euro hovered near a one-year high against the dollar as Europe's resilient economy contrasted with the baking turmoil and an impending recession in the United States.

The benchmark CAC 40 was up 31 points, or 0.4 percent, at 7,497 after declining 0.9 percent the previous day.

TotalEnergies fell about 1 percent after oil prices fell nearly 4 percent overnight on demand worries.

Drug maker Sanofi edged up slightly after posting better-than-expected results for the first quarter and backing its earnings view.

Spirits group Pernod Ricard was little changed despite reporting a decline in third-quarter sales.

Schneider Electric added 1.6 percent after reporting a rise in Q1 revenue and lifting its FY23 organic growth view.

Stocktwits
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Swiss Market Ends Modestly Lower

Swiss Market Ends Modestly Lower

Save for a few minutes at the start, the Switzerland market languished in negative territory on Monday amid worries about the outlook for global economic growth after recent weak data from China and the U.S. rendered the mood cautious. Weak Swiss consumer confidence data, and the potential impact of tariffs from the Trump Administration weighed as well.
RTTNews | 4h 15min ago
European Markets Close Weak On Growth Worries

European Markets Close Weak On Growth Worries

European stocks closed on a weak note on Monday as rising economic uncertainty and tariff concerns rendered the mood bearish. Recent weak U.S. and Chinese economic data hurt as well.
RTTNews | 4h 31min ago
Dollar Tumbles As Trade War Ignites Growth Fears

Dollar Tumbles As Trade War Ignites Growth Fears

The U.S. dollar tumbled against major currencies during the week ended March 7 amidst an extended sell-off on Wall Street triggered by the escalation in the trade war and a weak labor market update.
RTTNews | 9h 4min ago
Bay Street Likely To Open On Weak Note

Bay Street Likely To Open On Weak Note

Canadian shares are likely to open on a negative note Monday morning amid fears of a U.S. recession, and rising concerns about China's growth outlook.
RTTNews | 9h 29min ago
Yen Rises Amid Risk Aversion

Yen Rises Amid Risk Aversion

The Japanese yen strengthened against other major currencies in the European session on Monday, as the investor sentiment fell on lingering tariff worries, the threat of a U.S. recession and signs of deepening deflationary pressures in China.
RTTNews | 10h 44min ago
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the European session on Tuesday.
RTTNews | 11h 49min ago
FTSE 100 Slips After Positive Start, Down Nearly 0.6%

FTSE 100 Slips After Positive Start, Down Nearly 0.6%

After a positive start, U.K. stocks retreated Monday morning, with shares from banking sector recording notable losses. Concerns about the outlook for global economic growth and uncertainty about U.S. trade policy are hurting sentiment.
RTTNews | 11h 57min ago
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