European Shares Edge Higher In Cautious Trade

RTTNews | 17 दिनों पहले

(RTTNews) - European stocks traded higher on Monday as tariff tensions eased and investors looked ahead to a busy week of earnings, with four of the Magnificent Seven companies— Amazon, Apple, Meta Platforms and Microsoft — due to report their quarterly results.

Heavyweights such as Visa, Coca-Cola, Eli Lilly and Berkshire Hathaway are also on the docket.

Closer home, Adidas, AstraZeneca, Novartis, Stellantis, Volkswagen, Airbus, Shell, Standard Chartered, Deutsche Bank, Barclays and Santander are among the prominent companies due to report their financial results this week.

The pan European STOXX 600 was up 0.4 percent at 522.64 while the German DAX, France's CAC 40 and the U.K.'s FTSE 100 were up between 0.3 percent and half a percent.

Germany's Merck KGaA was marginally lower after it struck a deal to buy U.S. biotech company SpringWorks Therapeutics for an equity value of $3.9 billion.

Deliveroo soared nearly 17 percent. The British meal delivery company has suspended its 100 million pounds ($133.13 million) share buyback program after receiving a proposal from DoorDash to buy all of its shares.

Aircraft maker Airbus added about 2 percent after it finalized an agreement to take some assets from Spirit AeroSystems.

Plus500 declined 1.4 percent. The online trading platform reported a 5 percent year-on-year drop in revenues in Q1 2025.

U.S. Industrial Production Unexpectedly Flat In April

With a rebound by utilities output offset by decreases by manufacturing and mining output, the Federal Reserve released a report on Thursday showing industrial production in the U.S. came in unchanged in the month of April. The Fed said industrial production was unchanged in April after falling by 0.3 percent in March. Economists had expected industrial production to rise by 0.2 percent.

RTTNews | 23 मिनटों पहले

New York Manufacturing Index Edges Modestly Lower In May

A report released by the Federal Reserve Bank of New York said regional manufacturing activity continued to decline modestly in the month of May. The New York Fed said its general business conditions index edged down to a negative 9.2 in May from a negative 8.1 in April, with a negative reading indicating contraction. Economists had expected the index to dip to a negative 10.0.

RTTNews | 35 मिनटों पहले

Philly Fed Index Jumps More Than Expected But Remains Negative In May

Philadelphia-area manufacturing activity remained weak in the month of May, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed said its diffusion index for current general activity jumped to a negative 4.0 in May from a negative 26.4 in April, but a negative reading still indicates contraction.

RTTNews | 1घंटे 29 मिनट पहले

U.S. Retail Sales Inch Up In Line With Estimates In April

A report released by the Commerce Department on Thursday showed a slight increase by U.S. retail sales in the month of April. The Commerce Department said retail sales crept up by 0.1 percent in April after surging by an upwardly revised 1.7 percent in March. Economists had expected retail sales to inch up by 0.1 percent compared to the 1.4 percent jump originally reported for the previous month.

RTTNews | 1घंटे 44 मिनट पहले

U.S. Producer Prices Unexpectedly Decrease In April

Producer prices in the U.S. unexpectedly decreased in the month of April, according to a report released by the Labor Department on Thursday. The Labor Department said its producer price index for final demand fell by 0.5 percent in April following a revised unchanged reading in March. Economists had expected producer prices to rise by 0.2 percent.

RTTNews | 1घंटे 47 मिनट पहले

Eurozone GDP Expands 0.3% In Q1; Employment Growth Improves

Euro area economic growth accelerated less than estimated in the first quarter and employment logged a faster increase, flash estimate from Eurostat showed on Thursday. Gross domestic product expanded 0.3 percent on a quarterly basis, which was revised down from the 0.4 percent growth estimated on April 30. This followed the fourth quarter's 0.2 percent expansion.

RTTNews | 1घंटे 49 मिनट पहले

U.S. Weekly Jobless Claims Unchanged From Upwardly Revised Level

The Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits came in unchanged in the week ended May 10th The report said initial jobless claims came in at 229,000 last week, unchanged from the previous week's revised level. Economists had expected jobless claims to tick up to 229,000 from the 228,000 originally reported for the previous week.

RTTNews | 1घंटे 57 मिनट पहले

U.S. Industrial Production Unexpectedly Unchanged In April

RTTNews | 2घंटे 33 मिनट पहले

EURUSD	1.11831	GBPUSD	1.32872	AUDUSD	0.63987
USDJPY	145.756	USDCAD	1.39958	USDCHF	0.83655

Advertisement

European Shares Edge Higher In Cautious Trade