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CAC 40 Rises Ahead Of Nvidia Earnings

RTTNews | 139天前

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.

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China Shares May Be Stuck In Neutral On Wednesday

China Shares May Be Stuck In Neutral On Wednesday

The China stock market on Tuesday ended the three-day losing streak in which it had retreated almost 70 points or 2.3 percent. The Shanghai Composite Index now sits just above the 3,240-point plateau although it may spin its wheels on Wednesday.

RTTNews | 5小时2分钟前

Australian Market Modestly Higher

Australian Market Modestly Higher

Australian shares are trading modestly higher on Wednesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 staying well above the 8,200 level, following the mixed cues from Wall Street overnight, with gains across most sectors led by mining and financial stocks. Technology stocks were the only weak spot.

RTTNews | 5小时8分钟前

Mild Upside Seen For Taiwan Stock Market

Mild Upside Seen For Taiwan Stock Market

The Taiwan stock market on Tuesday halted the four-day losing streak in which it had stumbled more than 1,150 points or 4.3 percent. The Taiwan Stock Exchange now rests just shy of the 22,800-point plateau and it may inch higher again on Wednesday.

RTTNews | 5小时32分钟前

Japan M2 Money Stock Rises 1.3% On Year In December

Japan M2 Money Stock Rises 1.3% On Year In December

The M2 money stock in Japan was up 3.2 percent on year in December, the Bank of Japan said on Wednesday - coming in at 1,257.7 trillion yen.

RTTNews | 5小时49分钟前

Singapore Stock Market May Find Traction On Wednesday

Singapore Stock Market May Find Traction On Wednesday

The Singapore stock market has finished lower in four straight sessions, giving away almost 100 points or 2.6 percent along the way. The Straits Tines Index now rests just beneath the 3,790-point plateau although it may see mild upside on Wednesday.

RTTNews | 6小时2分钟前

Malaysia Stock Market May Open Higher On Wednesday

Malaysia Stock Market May Open Higher On Wednesday

The Malaysia stock market has finished lower in two straight sessions, slipping more than 25 points or 1.3 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,575-point plateau although it may find support on Wednesday.

RTTNews | 6小时32分钟前

Japan Stock Market May End Losing Streak On Wednesday

Japan Stock Market May End Losing Streak On Wednesday

The Japanese stock market has finished lower in four straight sessions, stumbling more than 1,600 points or 4.2 percent along the way. The Nikkei 225 now rests just beneath the 38,475-point plateau although it may stop the bleeding on Wednesday.

RTTNews | 6小时47分钟前

Little Movement Seen For South Korea Stock Market

Little Movement Seen For South Korea Stock Market

The South Korea stock market on Tuesday snapped the two-day slide in which it had fallen almost 35 points or 1.4 percent. The KOSPI now sits just beneath the 2,500-point plateau and it's likely to remain in that neighborhood again on Wednesday.

RTTNews | 7小时2分钟前

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