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DAX Rises On Hopes Of ECB Rate Pause
(RTTNews) - German stocks advanced on Thursday as retreating U.S. Treasury yields weakened the dollar and boosted appetite for riskier assets.
Stellar earnings from chip maker Nvidia and increasing prospects of the European Central Bank keeping rates unchanged in September also underpinned sentiment.
The benchmark DAX was up 104 points, or 0.7 percent, at 15,833 after edging up 0.2 percent in the previous session.
Fielmann added 1.5 percent. The eyewear and hearing aid company backed its FY23 outlook after posting a higher net profit for the second quarter.
CTS Eventim, which specializes in event organization, rose nearly 2 percent after reporting a rise in first-half normalized EBITDA and revenue.
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Swiss Markets Ends Marginally Down
The Swiss market ended slightly down on Monday after languishing in negative territory righ through the day's trading session, as traders largely stayed on the sidelines ahead of Christmas holidays.
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Před 2 h 16 min
European Markets Close Mostly Lower After Cautious Session
European stocks closed on a weak note on Monday with investors largely refraining from making big moves and most of the markets recording thin volumes, ahead of upcoming Christmas holidays.
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Před 2 h 38 min
TSX Hits New Record High, Stays Firm As Resources Stocks Shine
Canadian stocks are gaining ground in positive territory on Monday, rising for a third straight session, led by gains in materials and energy sectors thanks to firm commodity prices.
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Před 3 h 19 min
Dollar Rises Amidst Mixed Jobs Data, Soft Inflation
The U.S. dollar remained broadly resilient during the week ended December 19 amidst a mixed update from the labor market and soft inflation readings from the U.S.
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Před 7 h 17 min
Bay Street Likely To Extend Gains On Commodities Strength
Higher Canadian and U.S. index futures and firm commodity prices point to a positive start on Bay Street Monday morning.
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Před 7 h 28 min
Major European Markets Largely Subdued In Thin Trading
The major European markets were subdued on Monday amid thin volumes with investors somewhat reluctant to make big moves ahead of upcoming Christmas holidays.
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Před 8 h 11 min
FTSE 100 Slips Nearly 0.5%; Mining Stocks Move Up
U.K.'s benchmark index FTSE 100 slipped Monday morning, although gains in the mining sector limited its downside. Shares from utilities and healthcare sectors were under pressure.
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Před 9 h 3 min
CAC 40 Down Nearly 0.5% In Cautious Trade
French stocks were largely subdued on Monday with traders seemingly staying away on the sidelines ahead of the upcoming Christmas holidays.
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Před 9 h 25 min
