DAX Dips As Recession Concerns Mount

RTTNews | 970 दिनों पहले
DAX Dips As Recession Concerns Mount

(RTTNews) - The German stock market benchmark DAX plunged again for the fourth successive day as recession fears dampened market sentiment. The energy crisis as well as the fears of harsh monetary policy environment globally exacerbated the sell-off across sectors.

The forty-scrip DAX index is currently trading at 12,753.35, down 1.57 percent on an overnight basis. The day's trading has been within the range of 12,696.01 and 12,837.20.

All scrips in the 40-scrip index are trading below the levels on Thursday. Porsche Automobil Holding and RWE recorded least losses of less than 0.10 percent. Deutsche Post and Daimler Truck Holdings have both declined more than 6 percent. MTU Aero Engines and Brenntag have both declined more than 3 percent.

Deutsche Post is the is the most active scrip with a turnover of 1.78 million euros. The EUR/USD pair is at 0.9980, declining 0.19 percent overnight amidst the US Dollar Index strengthening 0.15 percent to 109.90.

The ten-year bond yield has increased 2.97 percent to 1.7845 percent versus 1.7330 percent on Thursday.

read more
U.S. Dollar Weakens As Inflation Slows

U.S. Dollar Weakens As Inflation Slows

The U.S. dollar came under pressure on Tuesday, as inflation slowed more than expected in April, raising hopes of further easing by the Federal Reserve.
RTTNews | 1घंटे 9 मिनट पहले
TSX Extending Recent Gains, Up Nearly 0.5%

TSX Extending Recent Gains, Up Nearly 0.5%

The Canadian market is up in positive territory on Tuesday, extending recent gains, amid easing tensions about tariffs following the two largest economies of the world, China and the U.S. agreeing on a trade deal, and data showing a less than expected increase in U.S. consumer price inflation in the month of April.
RTTNews | 1घंटे 54 मिनट पहले
Swiss Market Ends On Weak Note

Swiss Market Ends On Weak Note

After a flat start and a subsequent modest upmove, the Switzerland market pared gains and drifted down into negative territory about an hour past noon and finally settled on a weak note. A lack of fresh triggers, and uncertainty about U.S.-European Union trade deal rendered the mood cautious.
RTTNews | 2घंटे 11 मिनट पहले
European Stocks Close Slightly Higher After Cautious Session

European Stocks Close Slightly Higher After Cautious Session

European stocks closed higher on Tuesday, lifted by easing trade tensions, fairly buoyant German investor sentiment report and data showing a less than expected increase in U.S. consumer prices in the month of April.
RTTNews | 2घंटे 26 मिनट पहले
U.S. Consumer Prices Rise 0.2% In April, Slightly Less Than Expected

U.S. Consumer Prices Rise 0.2% In April, Slightly Less Than Expected

Consumer prices in the U.S. rose by slightly less than expected in the month of April, according to a report released by the Labor Department on Tuesday. The Labor Department said its consumer price index inched up by 0.2 percent in April after edging down by 0.1 percent in March. Economists had expected consumer prices to rise by 0.3 percent.
RTTNews | 6घंटे 0 मिनट पहले
Bayer Q1 Results Down, Sees Pharma Results At Top End Of View; Stock Gains

Bayer Q1 Results Down, Sees Pharma Results At Top End Of View; Stock Gains

Bayer AG on Tuesday confirmed its currency-adjusted 2025 targets after reporting lower earnings in its first quarter with slightly lower sales. The quarterly results reflected weak results in the Crop Science Division, despite growth in Pharmaceuticals and Consumer Health segments. Shares of the Pharmaceutical and life sciences major were gaining around 6 percent on the XETRA in Germany.
RTTNews | 6घंटे 53 मिनट पहले
Bay Street May Open On Subdued Note; U.S. Inflation Data In Focus

Bay Street May Open On Subdued Note; U.S. Inflation Data In Focus

Futures indicate a somewhat subdued start for the Canadian market on Tuesday. However, U.S. consumer price inflation data is likely to make an impact on stocks as the inflation numbers from the world's largest economy could give some clues about the Federal Reserve's policy moves.
RTTNews | 7घंटे 14 मिनट पहले