DAX Rises On Earnings Boost

RTTNews | 924 दिनों पहले
DAX Rises On Earnings Boost

(RTTNews) - The DAX benchmark of the Frankfurt bourse moved higher on Thursday, crossing the 15600 level for the first time since Feb 2022 amidst strong corporate earnings that eclipsed fears of Fed's hawkish moves. Markets shrugged off recent data from the U.S. that showed retail sales rising more than expected, providing the Fed with more headroom to increase rates.

CommerzBank jumped more than 7 percent after its results announcement.

The forty-scrip DAX index is currently trading at 15,581.65, up 0.49 percent on an overnight basis. The day's trading has been within the range of 15,554.15 and 15,633.65.

Only 15 scrips in the 40-scrip index are trading in overnight negative territory.

Deutsche Bank, Airbus, adidas and Continental gained more than 2 percent.

Siemens Healthineers declined more than 1 percent.

The EUR/USD pair gained 0.17 percent to trade at 1.0707.

The ten-year bond yield has decreased 0.36 percent to 2.4650%, versus 2.4740 at the previous close.

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Swiss Market Ends Marginally Up

Swiss Market Ends Marginally Up

The Switzerland market ended marginally up on Thursday after a choppy ride as stocks swung between gains and losses right through the day's trading session.
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European Stocks Close Weak

European Stocks Close Weak

European stocks closed lower on Thursday as the mood remained largely cautious with investors closely following geopolitical news, digesting tech giant Nvidia's earnings, and some crucial economic data from the U.S.
RTTNews | 1घंटे 6 मिनट पहले
Canadian Stocks Turning In Mixed Performance; TSX Down Marginally

Canadian Stocks Turning In Mixed Performance; TSX Down Marginally

After a positive start and a subsequent drop early on in the session, the Canadian market remains weak around early afternoon on Thursday, weighed down by losses in consumer staples, industrials and communications sectors.
RTTNews | 1घंटे 39 मिनट पहले
U.S. Pending Home Sales Fall More Than Expected In July

U.S. Pending Home Sales Fall More Than Expected In July

A report released by the National Association of Realtors on Thursday showed pending home sales in the U.S. fell by more than expected in the month of July. NAR said its pending home sales index decreased by 0.4 percent to 71.7 in July after sliding by 0.8 percent to 72.0 in June. Economists had expected pending home sales to edge down by 0.1 percent.
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Eurozone Economic Confidence Weakens In August

Eurozone Economic Confidence Weakens In August

Eurozone economic sentiment softened unexpectedly in August as only industry and retail trade showed improvements, survey results from the European Commission showed Thursday. The economic sentiment indicator slid to 95.2 in August from a revised 95.7 in the previous month. The score was forecast rise to 96.0.
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U.S. Economy Surges More Than Previously Estimated In Q2

U.S. Economy Surges More Than Previously Estimated In Q2

The U.S. economy grew by more than previously estimated in the second quarter of 2025, according to revised data released by the Commerce Department on Thursday. The report said real gross domestic product shot up by 3.3 percent in the second quarter compared to the previously reported 3.0 percent surge. Economists had expected the jump in GDP to be upwardly revised to 3.1 percent.
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U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates

U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates

A report released by the Labor Department on Thursday showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 23rd. The Labor Department said initial jobless claims dipped to 229,000, a decrease of 5,000 from the previous week's revised level of 234,000. Economists had expected jobless claims to slip to 230,000.
RTTNews | 4घंटे 45 मिनट पहले