The CAC 40 Index Closes 1.77% Higher
The CAC 40 Index gained 148 points or 1.77 percent on Thursday to close at 8485 points.Gains were led by ArcelorMittal (6.34%), Carrefour (3.15%) and Thales (2.88%).
The CAC 40 Index gained 148 points or 1.77 percent on Thursday to close at 8485 points.Gains were led by ArcelorMittal (6.34%), Carrefour (3.15%) and Thales (2.88%).
The CAC 40 rose 1.7% to close at 8,476 on Thursday, rebounding from the previous session as easing inflation concerns and prospects of a more dovish Federal Reserve boosted sentiment.At the ECB Forum, Fed Chair Kevin Warsh said inflation risks had moderated in recent weeks, while ECB President Laga…
WHY FOREIGNERS LIKE UK EQUITIES RIGHT NOWEuropean, and UK, equity markets haven't seen the same steep, fast-paced tech-fuelled gains as some other regions around the world. In large parts, that can simply be explained by the fact that there there just aren't as many tech, chip, and AI-exposed heavy…
GERMAN REFORM PACKAGE OFFERS GLIMMER OF HOPEAfter being unceremoniously dumped out of the World Cup by Paraguay, Germany finally has something to cheer.It might not be as glamorous as the Jules Rimet trophy but Germany's ruling coalition has finally unveiled a package of reforms that analysts belie…
BRUSSELS (dpa-AFX) - French stocks moved higher on Thursday as easing concerns about inflation and interest rates, and reports of positive progress in US-Iran talks lifted sentiment. Investors looked ahead to U.S. monthly jobs data due later in the day.The benchmark CAC 40 was up 60.69 points or 0…
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks were moving higher on Thursday as gains in defensive stocks offset the loss of momentum in the AI-driven tech rally.As inflation and interest-rate concerns ease, investors await the all-important U.S. nonfarm payrolls report later in the day for…
European indexes climb as the morning progresses after opening largely in the red. More defensive stocks--those viewed by investors as less sensitive to economic downturns--rally, with a basket of healthcare stocks rising 1.5%, while a food-and-beverage gauge is up 2%. The Europe-wide Stoxx 600 is…
The CAC 40 rose 0.5% to 8,374 on Thursday, rebounding from the previous session as easing inflation concerns and developments in the Middle East boosted market sentiment.During the ECB Forum, Fed Chair Kevin Warsh said inflation risks had moderated in recent weeks, while ECB President Christine Lag…
The CAC 40 Index is gaining 39 points or 0.47 percent on Thursday.Leading the gains are Sanofi (1.52%), Essilor (1.39%) and Credit Agricole (1.12%).Top losers are Schneider Electric (-2.04%) and TP (-1.57%).
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks are seen opening flat to slightly higher on Thursday amid eased inflation and interest-rate concerns.Brent crude prices slid to nearly $70 a barrel for the first time since the days leading up to the start of the U.S.-Iran war after Qatar said th…
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks closed broadly lower on Wednesday with investors mostly staying cautious while watching the developments with regard to U.S.-Iran peace moves and focusing on speeches from prominent central bank officials at the Sintra Forum.Uncertainty about US…
The CAC 40 fell 0.8% to close at 8,337 on Wednesday as investors paused after strong gains over the previous three-month period and monitored developments at the ECB Forum.Governing Council member Martinš Kazaks signaled there was no urgency for the ECB to raise interest rates in July, noting that…
The CAC 40 Index decreased 67 points or 0.79 percent on Wednesday to close at 8337 points.The decline was led by Orange (-4.39%), STMicroelectronics (-4.37%) and ENGIE (-3.77%).On the upside, the strongest performers were TP (8.48%), Renault (5.26%) and Essilor (4.88%).
MORE ECB'S LAGARDE: CONDITIONS THAT LED TO STAGFLATION IN THE 1970'S ARE NOT IN PLACE NOW; EU UNEMPLOYMENT NEAR A RECORD LOW
MORE ECB'S LAGARDE: I REGRET HAVING BEEN BOUND AND COMPELLED BY FORWARD GUIDANCE
ECB PRESIDENT CHRISTINE LAGARDE AT SINTRA CONFERENCE: WE RAISED RATES BECAUSE WE HAD THE PERFECT MONETARY POLICY CIRCUMSTANCES TO DO SO
INFLATION GIVES ECB MORE TIME, AND PERHAPS A REASON TO STOP HIKESThe ECB raised rates last month to get ahead of an expected inflation bump due to the Iran war, but analysts and economists are split on whether they'll need to raise rates more following the latest inflation figures from the euro zon…
BRUSSELS (dpa-AFX) - French stocks drifted lower on Wednesday with investors making cautious moves, looking ahead to speeches from Fed Chair Kevin Warsh and ECB President Christine Lagarde at the Sintra Forum later in the day.Uncertainty about US-Iran peace talks and the loss of momentum in the AI…
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks were mixed on Wednesday as uncertainty prevailed over the progress of U.S.-Iran peace negotiations and investors waited to hear from Federal Reserve Chairman Kevin Warsh and ECB President Chritine Lagarde at the annual European Central Bank Forum…
CAUTIOUS START TO THE QUARTERAfter hitting its latest record high on Tuesday, Europe's STOXX 600 TVC:SXXP nudged lower on Wednesday as worries over the prospect of lasting peace between the U.S. and Iran and questions about the interest rate outlook kept investors on edge.Traders will therefore clo…