CAC 40 Slips In Lackluster Trade Ahead Of US Jobs Report

RTTNews | 935 dias atrás
CAC 40 Slips In Lackluster Trade Ahead Of US Jobs Report

(RTTNews) - French stocks were moving lower on Friday, a day after minutes from the European Central Bank's last meeting highlighted worries about exceptionally high levels of inflation and the need for aggressive policy tightening to bring it under control.

All eyes now turn to the U.S. nonfarm payrolls report due later in the day, with economists expecting employment to jump by 250,000 jobs in September after an increase of 315,000 jobs in August. The unemployment rate is expected to hold at 3.7 percent.

The benchmark CAC 40 was down 11 points, or 0.2 percent, at 5,92 after falling 0.8 percent the previous day.

Automaker Renault surged 4 percent to top the gainers list while top banks traded on a mixed note.

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Bay Street May Open Slightly Higher

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Eurozone Economic Sentiment At 4-Month Low

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FTSE 100 Modestly Higher, Extends Gains To 12th Straight Session

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CAC 40 Pares Early Gains; Schneider Electric Tumbles Over 7%

CAC 40 Pares Early Gains; Schneider Electric Tumbles Over 7%

French stocks are mostly subdued on Tuesday with investors making cautious moves while awaiting some key corporate earnings updates this week. The market climbed higher earlier in the session as reports emerged that the U.S. would move to reduce the impact of duties imposed on foreign parts in domestically manufactured cars.
RTTNews | 3 h 6 min atrás
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Spain GDP Growth Softens; Inflation Eases

Spain GDP Growth Softens; Inflation Eases

Spain's economic growth slowed marginally in the first quarter and inflation weakened in April on lower gas and electricity prices, official data showed on Tuesday. Gross domestic product expanded 0.6 percent in the first quarter, which was slightly slower than the revised 0.7 percent growth posted a quarter ago, the preliminary data from the statistical office INE showed.
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