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DAX Holds Steady In Lackluster Trade
(RTTNews) - German stocks were little changed on Friday as trading resumed after the two-day Christmas break.
The benchmark DAX was marginally higher at 19,862.87 while the euro was seeing marginal gains against the U.S. dollar as the year-end approaches.
Banks traded higher, with Commerzbank rising over 1 percent and Deutsche Bank adding half a percent as German Bund yields hit a one-month high in response to a surge in U.S. Treasury yields, following a successful seven-year auction.
Delivery Hero SE shares slumped 6.5 percent. Taiwan has rejected Uber Technologies Inc.'s plan to acquire the German online takeaway food company's Foodpanda local business for $950 million, arguing it would decrease competition.
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Sensex, Nifty End Higher After Choppy Trade
Indian shares closed higher on Wednesday despite weak cues from global markets as investors grappled with rising bond yields and renewed trade uncertainty.
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55 minutos atrás
DAX Moderately Higher As Stocks Recover After Recent Tumble
The German market is gaining some ground in positive territory on Wednesday, with several counters attracting buyers after suffering a sharp setback in the previous session amid uncertainty about prospects of growth in major economies in Europe.
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59 minutos atrás
European Shares Edge Higher After PMI Data
European stocks traded higher on Wednesday as a selloff in longer-dated bonds appeared to stabilize, and a survey showed the euro zone economy continued its slow expansion in August despite a weakening in services sector growth.
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2h 15min atrás
Asian Shares Decline On Rising Bond Yields, Tariff Uncertainties
Asian stocks fell broadly on Wednesday, with rising bond yields, tariff-related uncertainties and caution ahead of key U.S. employment data due later in the week keeping investors on edge.
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2h 46min atrás
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the European session on Wednesday.
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3h 35min atrás
Australia GDP Growth Accelerates In Q2
The Australian economy expanded at a faster pace in the second quarter after severe weather events damped activity in the preceding quarter, data from the Australian Bureau of Statistics revealed on Wednesday. Gross domestic product growth doubled to 0.6 percent in the June quarter from 0.3 percent in the March period. The rate also exceeded economists' forecast of 0.5 percent.
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4h 35min atrás
China Service Sector Growth Improves In August
China's service sector growth accelerated in August driven by the strong upturn in new orders, survey data from S&P Global showed on Wednesday. The headline RatingDog services Purchasing Managers' Index rose unexpectedly to 53.0 in August from 52.6 in July. Economists expect the indicator to fall to 52.4. The rate of increase was the fastest seen since May 2024.
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4h 44min atrás
European Economic News Preview: Eurozone Final Composite PMI Data Due
Final composite purchasing managers' survey results from the euro area and the UK are due on Wednesday, headlining a light day for the European economic news. At 3.15 am ET, S&P Global publishes Spain's composite and services PMI survey data. The services PMI is expected to fall to 54.4 in August from 55.1 in the previous month.
RTTNews
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5h 13min atrás
