CAC 40 Rallies As Inflation Worries Ebb
(RTTNews) - French stocks rallied on Thursday to extend gains from the previous session after data showed Spanish inflation cooled to a twenty-month low in March on lower energy prices.
Inflation data from Germany and the latest figures for eurozone consumer, industrial and economic confidence are awaited.
The benchmark CAC 40 was up 76 points, or 1.1 percent, at 7,263 after rising 1.4 percent the previous day.
Among the top gainers, AXA, Alstom, BNP Paribas, Credit Agricole, Essilor Luxottica, Renault, Societe Generale and Veolia jumped 2-3 percent. The dollar and euro steadied as concerns over the banking sector receded and investors believed the U.S. rate hiking cycle is nearing an end.
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18 minutes ago
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3h 56min ago
Swiss Market Ends Moderately Lower
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4h 30min ago
European Stocks Close Weak
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4h 45min ago
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8h 51min ago
New York Manufacturing Index Slumps Much More Than Expected In September
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9h 45min ago
Bay Street Likely To Open On Slightly Weak Note
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9h 54min ago
