Stock market Europe hesitates in the absence of important indicators







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PARIS (Reuters) – European markets opened without much change on Wednesday, with corporate news punctuating trading in the absence of more important events.

In Paris, the CAC 40 remains at 7,940.92 points around 08:35 GMT. The Dax, the FTSE, and the pan-European FTSEurofirst 300 index are looking for direction.

The EuroStoxx 50 lost 0.21% and the Stoxx 600 0.17%.

New York index futures suggest Wall Street opening lower, with the Dow Jones falling 0.22%, compared to 0.21% for the Standard & Poor’s 500 and 0.35% for the Nasdaq.

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Some company results are causing the indices to react, particularly in France where Casino and Worldline have published their latest results.

The Eurozone Economic Sentiment Index for February will be released at 10:00 GMT, with the second estimate of US fourth-quarter GDP due at 13:30 GMT.

The main indicator of the week, PCE inflation in the United States, is expected on Thursday.

In terms of values, Casino fell 15.15% after its latest results.

Worldine collapsed by 11.8% after reporting a depreciation for goodwill worth 1.15 billion euros.

(Written by Corentin Chappron, edited by Kate Entringer)











Reuters

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