CAC 40 Up Nearly 2% As Trump Secures Historic Victory

RTTNews | 18 days ago
Stocktwits
CAC 40 Up Nearly 2% As Trump Secures Historic Victory

(RTTNews) - French stocks traded sharply higher on Wednesday as U.S. Republican candidate Donald Trump declared victory after winning crucial swing states and pledged to bring a 'golden age' to the United States.

Speaking to his supporters early today, Trump expressed that this moment would "help this country heal."

Meanwhile, investors shrugged off the results of a survey showing a fall in French business activity in October.

The benchmark CAC 40 jumped 137 points, or 1.9 percent, to 7,544 after gaining half a percent the previous day.

Lender Credit Agricole fell nearly 5 percent after reporting mixed Q3 results as weakness at some of its retail businesses overshadowed record revenues at its investment banking unit.

Peer BNP Paribas rose 1.3 percent and Societe Generale rallied 3.5 percent.

Stocktwits
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TSX Closes At New Record High

TSX Closes At New Record High

The Canadian market closed modestly higher on Friday, lifted by gains in industrials and energy stocks. Positive reaction to the nation's retails data and the recent announcement of a mini stimulus package contributed to the upside.
RTTNews | 1 day ago
Swiss Stocks Close On Strong Note

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Swiss stocks closed on a bright note on Friday, in line with markets across Europe, as weak manufacturing and services sector data from major European countries such as the U.K., Germany and France raised hopes that central banks will cut interest rates further to help revive growth.
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Canadian Market Modestly Higher In Cautious Trade

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U.S. Consumer Sentiment Improves Less Than Previously Estimated In November

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RTTNews | 2 days ago
Bay Street Seen Opening Higher

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Regulator CFPB To Consider Apple Pay, Other Digital Payment Apps As Banks

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The US Consumer Financial Protection Bureau or CFPB has finalized a rule to supervise Apple Inc. and other major technology firms that offer digital funds transfer and payment wallet apps, and treat them more like banks. In a statement, the US consumer watchdog said the rule on federal oversight of popular digital payment apps by the largest non-bank companies is aimed to protect personal data...
RTTNews | 2 days ago
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