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16.05.2024 11:04:46 - dpa-AFX: CAC 40 Dips With Rate-cut Bets Back In Focus
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - French stocks were subdued on Thursday
as softer U.S. consumer inflation data brought Fed rate cuts back into focus.
Closer home, the European Central Bank is widely expected to start cutting
interest rates from a record high in June, with economists expecting up to three
rate cuts this year.
The benchmark CAC 40 was down 30 points, or 0.4 percent, at 8,209 after closing
0.2 percent higher in the previous session.
The dollar was on the back foot while U.S Treasury yields sank to six-week
troughs ahead of speeches by several Federal Reserve officials later in the day.
Banks BNP Paribas, Credit Agricole and Societe Generale were down around half a
percent each.
Automaker Renault was down 0.6 percent.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
as softer U.S. consumer inflation data brought Fed rate cuts back into focus.
Closer home, the European Central Bank is widely expected to start cutting
interest rates from a record high in June, with economists expecting up to three
rate cuts this year.
The benchmark CAC 40 was down 30 points, or 0.4 percent, at 8,209 after closing
0.2 percent higher in the previous session.
The dollar was on the back foot while U.S Treasury yields sank to six-week
troughs ahead of speeches by several Federal Reserve officials later in the day.
Banks BNP Paribas, Credit Agricole and Societe Generale were down around half a
percent each.
Automaker Renault was down 0.6 percent.
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 | 7.992,87 | 31.05.24 18:05:02 | +14,36 | +0,18% | - | - | 7.972,55 | 7.992,87 |
|
FTSE 100 | 969378 | Financial Times SE | 8.275,38 | 31.05.24 17:50:00 | +44,33 | +0,54% | - | - | 8.231,05 | - |
|
DAX ® | 846900 | Xetra | 18.497,94 | 31.05.24 17:50:00 | +1,15 | +0,01% | - | - | 18.495,22 | 18.497,94 |
|
E-STOXX 50 ® | 965814 | STOXX Ltd. | 4.983,67 | 31.05.24 17:50:00 | +1,49 | +0,03% | 0,000 | - | 4.985,71 | 4.983,67 |
