10.05.2024 11:16:23 - dpa-AFX: CAC 40 Climbs As UK Economy Exits Recession
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - French stocks rose on Friday as fresh
signs of cooling in the U.S. labor market revived hopes for U.S. rate cuts this
year.
Bank of England's dovish rate decision on Thursday and better-than-expected U.K.
GDP growth data released earlier today also boosted investor sentiment.
The U.K economy exited a technical recession in the first quarter with the
economic output growing better than expected led by a rebound in the services
output and household spending.
Gross domestic product grew 0.6 percent from the fourth quarter, when the
economy shrank 0.3 percent, preliminary estimates from the Office for National
Statistics showed.
Economists had expected the first quarter growth to come in at 0.4 percent.
The benchmark CAC 40 was up 58 points, or 0.7 percent, at 8,245 after gaining
0.7 percent on Thursday.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
|
Name |
WKN |
Börse |
Kurs |
Datum/Zeit |
Diff. |
Diff. % |
Geld |
Brief |
Erster |
Schluss |
|
CAC 40 |
969400 |
Paris |
8.094,97 |
24.05.24 18:05:02 |
-7,36 |
-0,09% |
- |
- |
8.053,79 |
8.094,97 |
|
FTSE 100 |
969378 |
Financial Times SE |
8.317,59 |
24.05.24 17:50:00 |
-21,64 |
-0,26% |
- |
- |
8.339,23 |
- |
|
DAX ® |
846900 |
Xetra |
18.693,37 |
24.05.24 17:50:00 |
+2,05 |
+0,01% |
- |
- |
18.687,60 |
18.693,37 |
|
E-STOXX 50 ® |
965814 |
STOXX Ltd. |
5.035,41 |
24.05.24 17:50:00 |
-2,19 |
-0,04% |
0,000 |
- |
5.027,94 |
5.035,41 |