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DAX Slips On Growth Worries
(RTTNews) - German stocks traded lower on Friday amid concerns that higher interest rates could weigh on global growth.
Survey data released earlier today showed that business activity across Germany fell for the third month in a row in September amid a sustained decline in demand for goods and services.
The HCOB Composite PMI, compiled by S&P Global, rose to 46.2 in September from August's 39-month low of 44.6, but came in below forecasts for a score of 47.2.
Services activity decreased fractionally, while manufacturing PMI increased slightly but remained deep in contraction territory, the survey showed.
The benchmark DAX was down 57 points, or 0.4 percent, at 15,515 after losing 1.3 percent in the previous session.
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Japan Bourse May Reverse Wednesday's Losses
The Japanese stock market headed south again on Wednesday, one day after ending the two-day losing streak in which it had dropped almost 650 points or 1.4 percent. The Nikkei 225 now sits just beneath the 41,940-point plateau although it's likely to bounce higher again on Thursday.
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hace 12 minutos
Win Streak May Continue For South Korea Shares
The South Korea stock market has moved higher in back-to-back trading days, collecting more than 40 points or 1.3 percent along the way. The KOSPI now rests just above the 3,180-point plateau and it may add to its winnings on Thursday.
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hace 27 minutos
Australia Trade Data Due On Thursday
Australia will on Thursday release August numbers for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. In July, imports were down 3.1 percent on month and exports rose 6.0 percent for a trade surplus of A$5.365 billion.
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hace 1h 27min
U.S. Dollar Falls After Weak Job Openings Data
The U.S. dollar weakened against its major counterparts in the New York session on Wednesday, following the release of weak job openings data for July.
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hace 1h 33min
Swiss Market Closes On Bright Note
The Switzerland market closed on a bright note on Wednesday after holding firm right through the day's trading session thanks to sustained buying at several counters from across various sectors.
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hace 5h 25min
European Stocks Close Higher On Bargain Hunting, Fairly Positive Economic Data
European stocks closed broadly higher on Wednesday as slightly encouraging data on private sector activity in the region aided sentiment. Bargain hunting at several counters after Tuesday's decline helped as well in pushing up prices.
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hace 5h 50min
Consumer Staples, Materials Stocks Rise As TSX Hits New Record High
The Canadian market is up in positive territory a little past noon on Wednesday, thanks to strong gains in consumer staples, materials and technology sectors. Energy and healthcare stocks are weak, while shares from rest of the sectors are turning in a mixed performance.
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hace 6h 42min
U.S. Job Openings Fall To Ten-Month Low In July
Job openings in the U.S. fell to their lowest level in ten months in July, according to a report released by the Labor Department on Wednesday. The Labor Department said job openings dipped to 7.181 million in July after tumbling to a downwardly revised 7.357 million in June.
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hace 7h 55min
