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France Grinds to a Halt as Unions Lead Mass Strikes Against Austerity

French students block the entrance of a high school in Paris as part of a day of nationwide strikes and protests in France. France faced sweeping disruption on Thursday as hundreds of thousands joined nationwide strikes against government austerity plans. Teachers, train drivers, pharmacists, hospital staff and even high school students walked out, demanding the scrapping of a €44 billion budget-cut package drafted by former prime minister François Bayrou. Public transport was heavily affected, with Paris Metro lines running limited services and regional trains severely reduced. Nine in ten pharmacies closed their doors, while one in three primary school teachers and nearly half of secondary school staff joined the walkout. The protests come amid a political crisis for President Emmanuel Macron and newly appointed Prime Minister Sébastien Lecornu, who has promised compromises but not ruled out key cuts. Authorities deployed 80,000 police and gendarmes nationwide, warning of potentia...
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Wall Street Awaits Key Nvidia Earnings and Inflation Data

 

Wall Street remained relatively quiet today as investors eagerly anticipate Nvidia’s upcoming earnings report and the latest inflation data from the government. Futures for the S&P 500 edged up slightly by less than 0.1%, while the Dow Jones Industrial Average remained nearly unchanged after setting an all-time high the previous day.

The focus is on Nvidia, a key player in the artificial intelligence sector, which is expected to report significant earnings growth. Analysts predict Nvidia will announce earnings of 64 cents per share, a remarkable 156% increase from the same period last year, with revenue projected at $28.6 billion, up 110% year-over-year.

In addition to Nvidia’s results, investors are closely watching the latest inflation data, which could influence the Federal Reserve’s future monetary policy decisions. The combination of corporate earnings and economic indicators is likely to set the tone for the markets in the coming days.

Stay tuned for updates as these critical reports are released.


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