CAC-40 Weakens After Scaling Fresh High
The CAC-40 rose oscillated between gains and losses amidst anxiety ahead of the earnings season and key economic data updates from China. The day's trading has been between 7,515.
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The CAC-40 rose oscillated between gains and losses amidst anxiety ahead of the earnings season and key economic data updates from China. The day's trading has been between 7,515.
European stocks rose on Friday and were set for their longest weekly gaining streak since early December amid hopes that the Federal Reserve is nearing the end of its monetary policy tightening cycle.
French stocks advanced on Thursday despite uncertainty around the Fed's rate path and growing concerns about the U.S. economy slipping into a recession later this year.
European shares were mostly higher on Thursday buoyed by a softer-than-expected reading for US wholesale prices, positive economic data on the Continent and upbeat corporate news.
French stocks rose in cautious trade on Wednesday as investors awaited U.S. consumer inflation data as well as Fed minutes from the March meeting for clues on the monetary path of the central bank.