DAX Little Changed As Business Sentiment Worsens

RTTNews | vor 882 Tagen
DAX Little Changed As Business Sentiment Worsens

(RTTNews) - German stocks were little changed on Tuesday after a survey showed business sentiment worsened in July.

Investors also awaited cues from this week's central bank meetings in the U.S., Europe and Japan and a slew of corporate earnings from tech giants, including Google parent Alphabet, Microsoft and Meta.

The Ifo institute's business climate index came in at 87.3 versus an estimated 88.0. The benchmark DAX was marginally higher at 16,199 after finishing marginally higher in the previous session.

Bayer Group rallied 1.2 percent despite the company cutting its fiscal year 2023 outlook, citing further deterioration in demand for glyphosate-based products.

Banks traded mixed, with Commerzbank losing 0.7 percent while Deutsche Bank was up half a percent.

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European Stocks Close Broadly Higher

European Stocks Close Broadly Higher

European stocks closed higher on Tuesday with some of the markets hitting fresh highs, amid continued optimism the Federal Reserve will consider more rate cuts next year. The volume of business was thin in most the markets as traders remained on the sidelines ahead of upcoming Christmas holidays.
RTTNews | vor 2Std 0 Minuten
Canadian Stocks Turning In Mixed Performance

Canadian Stocks Turning In Mixed Performance

Canadian stocks are turning in a mixed performance on Tuesday with investors digesting the nation's GDP data and a slew of economic reports from the U.S. With truncated sessions and holidays ahead, the mood in the market remains a bit subdued and the volume of business is rather thin.
RTTNews | vor 2Std 43 Minuten
U.S. Consumer Confidence Deteriorates For Fifth Straight Month In December

U.S. Consumer Confidence Deteriorates For Fifth Straight Month In December

Consumer confidence in the U.S. deteriorated for the fifth consecutive month in December, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index slid to 89.1 in December from an upwardly revised 92.9 in November.
RTTNews | vor 4Std 39 Minuten
U.S. Industrial Production Rises 0.2% In November, Slightly More Than Expected

U.S. Industrial Production Rises 0.2% In November, Slightly More Than Expected

A report released by the Federal Reserve on Tuesday showed industrial production in the U.S. increased by slightly more than expected in the month of November. The Fed said industrial production rose by 0.2 percent in November after edging down by 0.1 percent in October. Economists had expected industrial production to inch up by 0.1 percent.
RTTNews | vor 4Std 43 Minuten
U.S. Economy Grows Much More Than Expected In Q3

U.S. Economy Grows Much More Than Expected In Q3

A report released by the Commerce Department on Tuesday showed the U.S. economy grew by much more than expected in the third quarter of 2025. The Commerce Department said real gross domestic product spiked by 4.3 percent in the third quarter after surging by 3.8 percent in the second quarter. Economists had expected GDP to jump by 3.3 percent.
RTTNews | vor 5Std 4 Minuten
U.S. Durable Goods Orders Plunge 2.2% In October, More Than Expected

U.S. Durable Goods Orders Plunge 2.2% In October, More Than Expected

Reflecting a steep drop in orders for transportation equipment, the Commerce Department released a report on Tuesday showing new orders for U.S. manufactured durable goods fell by more than expected in the month of October. The report said durable goods orders tumbled by 2.2 percent in October after climbing by an upwardly revised 0.7 percent in September.
RTTNews | vor 5Std 18 Minuten