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DAX Down Marginally In Lackluster Trade

RTTNews | vor 15 Tagen

DAX Down Marginally In Lackluster Trade

(RTTNews) - German stocks are subdued in lackluster trade on Monday as investors, looking for directional clues, largely refrain from making significant moves.

According to reports, EU leaders are preparing for a showdown over U.S. tariff threats, pressing the European Commission to prepare countermeasures, including tariffs on U.S. goods, restrictions on digital services, and limits on public procurement access.

The benchmark DAX was down 16.01 points or 0.07% at 24,271.56 a little while ago.

Fresenius Medical Care is down 1.1%. MTU Aero Engines, Rheinmetall, Beiersdorf, Allianz, Commerzbank, Deutsche Boerse, Mercedes-Benz and Deutsche Telekom are down 0.5 to 1%.

BASF is rising more than 2%, and Vonovia is gaining about 1.75%. Daimler Truck Holding, Siemens, Heidelberg Materials, RWE, E.ON, Infineon Technologies and Zalando are up 0.5 to 1.2%.

Bayer is up by about 0.4%. The company announced that it has secured EU approval for Nubeqa as third indication for metastatic hormone-sensitive prostate cancer.

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CAC 40 Modestly Higher

CAC 40 Modestly Higher

The French stock market is modestly higher Tuesday afternoon with investors mostly reacting to earnings updates and a mixed batch of regional economic data. Expectations of a rate cut by the Federal Reserve sometime soon aid sentiment a bit.

RTTNews | vor 29 Minuten

Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Tuesday.

RTTNews | vor 1Std 1 Minuten

DAX Up Nearly 0.8%; Infineon Rises Sharply On Strong Earnings

DAX Up Nearly 0.8%; Infineon Rises Sharply On Strong Earnings

German stocks are up in positive territory on Tuesday, gaining for a second straight session, as investors continue to focus on earnings and other corporate news, even while continuing to follow the developments on the trade front ahead of new tariffs that come into force later in the week.

RTTNews | vor 1Std 3 Minuten

Yen Rises Amid BoJ Rate Hike Speculation

Yen Rises Amid BoJ Rate Hike Speculation

The Japanese yen strengthened against other major currencies in the Asian session on Tuesday, as the Bank of Japan's (BoJ) meeting minutes suggest the possibility of interest rate increases, contingent upon the anticipated performance of the economy and price.

RTTNews | vor 1Std 15 Minuten

Sensex, Nifty End Modestly Lower After Trump's Tariff Threat

Sensex, Nifty End Modestly Lower After Trump's Tariff Threat

Indian shares ended Tuesday's session lower after U.S. President Donald Trump threatened to "substantially" raise tariffs on goods imported from India, accusing that the country profited from Russia's war in Ukraine by purchasing large quantities of Russian oil and reselling it on the global market.

RTTNews | vor 1Std 32 Minuten

European Shares Rise Amid Fed Rate Cut Hopes, Earnings Deluge

European Shares Rise Amid Fed Rate Cut Hopes, Earnings Deluge

European stocks advanced on Monday as investors digested a slew of earnings updates and held onto hopes that the U.S. Federal Reserve may soon pivot to monetary easing.

RTTNews | vor 2Std 33 Minuten

Asian Shares Extend Gains Amid Fed Rate Cut Hopes

Asian Shares Extend Gains Amid Fed Rate Cut Hopes

Asian stocks rose for a second consecutive session on Tuesday after a Federal Reserve official said the time is nearing for rate cuts.

RTTNews | vor 3Std 13 Minuten

Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Tuesday.

RTTNews | vor 3Std 23 Minuten

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