CAC 40 Rises Ahead Of Nvidia Earnings

RTTNews | 56 days ago
Stocktwits
CAC 40 Rises Ahead Of Nvidia Earnings

(RTTNews) - French stocks advanced on Wednesday after a measure of French consumer confidence for August matched expectations at 92.

The benchmark CAC 40 was up 30 points, or 0.40 percent, at 7,596 after declining 0.3 percent on Tuesday.

All eyes now remain on AI darling Nvidia, which will release its fiscal second quarter results after the close of U.S. trading later in the day.

The highly anticipated earnings report will provide a key test for the AI demand story.

Traders also look ahead to the release of Commerce Department's report on personal income and spending for July on Friday, which includes readings on inflation said to be preferred by the Federal Reserve.

Economists currently expect the report to show the annual rate of consumer price growth was unchanged at 2.5 percent.

Stocktwits
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Japanese Market Modestly Higher

Japanese Market Modestly Higher

Recouping some of the losses in the previous three sessions, the Japanese market is modestly higher on Thursday after opening in the red, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving up to be a tad below the 38,200 level, with gains in exporters and technology stocks.
RTTNews | 4h 11min ago
More Pain Predicted For Thai Stock Market

More Pain Predicted For Thai Stock Market

Ahead of Wednesday's holiday for Chulalongkorn Day, the Thai stock market had tracked lower in three straight sessions, slipping almost 25 points or 1.8 percent along the way. The Stock Exchange of Thailand now sits just above the 1,470-point plateau and it's expected to open under water again on Thursday.
RTTNews | 4h 26min ago
Australian Market Slightly Higher

Australian Market Slightly Higher

The Australian market is trading slightly higher on Thursday after opening in the red, adding to the slight gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to stay above the 8,200 level, with gains in some energy and technology stocks partially offset by weakness in mining stocks.
RTTNews | 4h 49min ago
Indonesia Bourse May Extend Wednesday's Losses

Indonesia Bourse May Extend Wednesday's Losses

The Indonesia stock market on Wednesday ended the eight-day winning streak in which it had surged more than 300 points or 4.1 percent. The Jakarta Composite Index now rests just beneath the 7,790-point plateau and the losses may accelerate on Thursday.
RTTNews | 4h 56min ago
Rally May Stall For Hong Kong Stock Market

Rally May Stall For Hong Kong Stock Market

The Hong Kong stock market has moved higher in two straight sessions, collecting more than 280 points or 1.4 percent along the way. The Hang Seng Index now sits just above the 20,760-point plateau although it may spin its wheels on Thursday.
RTTNews | 5h 11min ago
China Stock Market Tipped To Open In The Red On Thursday

China Stock Market Tipped To Open In The Red On Thursday

The China stock market has finished higher in four straight sessions, gathering more than 135 points or 4 percent along the way. The Shanghai Composite now sits just above the 3,300-point plateau although the rally may stall on Thursday.
RTTNews | 5h 26min ago
Taiwan Stock Market May Extend Losing Streak

Taiwan Stock Market May Extend Losing Streak

The Taiwan stock market has moved lower in back-to-back sessions, shedding more than 200 points or 0.9 percent along the way. The Taiwan Stock Exchange now rests just above the 23,330-point plateau and it may take further damage again on Thursday.
RTTNews | 5h 56min ago
Singapore Shares May Head South Again On Thursday

Singapore Shares May Head South Again On Thursday

The Singapore stock market on Wednesday snapped the two-day slide in which it had dropped more than 50 points or 1.4 percent. The Straits Times Index now sits just above the 3,600-point plateau although it may see renewed selling pressure on Thursday.
RTTNews | 6h 26min ago
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