CAC 40 Marginally Lower In Lacklustre Trade
(RTTNews) - French stocks were subdued on Thursday as investors looked ahead to the release of more U.S. and Eurozone economic data this week for clues to the economic and rate outlook.
The dollar remained on the back foot on expectations of deeper interest rate cuts, with some believing the Federal Reserve might go big with a supersized 50 bps interest rate cut in the September meeting to boost growth.
Closer home, the European Central Bank can continue to cut interest rates given the slowdown in inflation, and there is a risk the bank could keep policy too tight, ECB board member Piero Cipollone told a French newspaper on Wednesday. The benchmark CAC 40 was down 0.1 percent at 7,492 after losing 1 percent the previous day.
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Canadian Stocks Turning In Mixed Performance
Canadian stocks are turning in a mixed performance on Tuesday with investors digesting Canadian producer prices data and some earnings updates, and awaiting the Bank of Canada's interest rate decision on Wednesday.
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5h 46phút trước
Euro Lower Against Most Majors
The euro declined against its most major counterparts in the New York session on Tuesday, amid dovish comments from European Central Bank President Lagarde.
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5h 50phút trước
Swiss Market Ends Notably Lower
After opening marginally down, the Switzerland market slipped deeper into the red Tuesday morning, and stayed weak right through the day's session as investors largely stayed cautious and looked for directional clues.
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6h 46phút trước
European Stocks Close Broadly Lower On Growth Worries, Rate Uncertainty
European stocks closed lower on Tuesday with investors largely reacting to quarterly earnings and other corporate news. Uncertainty about the size of future interest rate cuts by the Federal Reserve and upcoming U.S. presidential election, and persisting tensions in the Middle East weighed as well on stocks.
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7h 3phút trước
Target To Cut Prices On 2,000 Items During Holiday Season
Retail major Target Corp. announced its plan to reduce regular prices on more than 2,000 items across owned and national brands this holiday season, to remain competitive in markets. These new price reductions are on top of the retailer's everyday low prices. In total, the company would be offering lower prices than last year on more than 10,000 items during the holidays, including food and bever
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10h 42phút trước
GM Raises FY24 EPS Forecast As Q3 Beats Market
Automajor General Motors Co. on Tuesday raised its fiscal 2024 adjusted earnings view in line or above market estimates, after reporting higher third-quarter earnings per share and sales, also above the Street. Net earnings for the quarter, meanwhile, edged down. In pre-market activity on the NYSE, GM shares were gaining around 2 percent.
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11h 29phút trước
Bay Street Seen Opening With Slightly Negative Bias
Lower U.S. and Canadian stock futures point to a slightly negative start on Bay Street Tuesday morning. Firm oil and metal price may help limit market's downside. Investors will also be reacting to producer and raw materials prices data.
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12h 23phút trước
Sensex Plunges 930 Points; Nifty Dips Below 24,500
Indian shares tumbled on Tuesday, with sentiment dented by weak September quarter earnings, stretched valuations and heavy selling by foreign investors.
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14h 3phút trước
