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European Shares Fall On Tariff Worries; Travel Stocks Drag As Heathrow Airport Closes

RTTNews | 158 दिनों पहले

European Shares Fall On Tariff Worries; Travel Stocks Drag As Heathrow Airport Closes

(RTTNews) - European stocks traded lower on Friday as investors fretted about increasing global economic uncertainties resulting from geopolitical tensions and U.S. President Donald Trump's trade tariffs.

The pan European STOXX 600 was down 0.9 percent at 548.13 after falling 0.4 percent to snap a four-day winning streak on Thursday.

The German DAX shed 0.9 percent, France's CAC 40 declined 0.8 percent and the U.K.'s FTSE 100 was down half a percent.

German telecommunications firm Freenet dropped 1 percent despite an announcement that it will launch a share buyback program in the 2025 financial year.

Douglas AG, a perfume and cosmetics retailer, plummeted 22 percent after lowering its FY2024/25 guidance due to a decline in consumer sentiment.

Steel group Salzgitter fell more than 2 percent after delivering a mixed financial performance in 2024.

Ferrexpo slumped 6 percent on liquidity worries. The iron ore pellet producer said Ukrainian tax authorities had suspended its value-added tax refund worth 512.9 million hryvnias ($12.36 million).

Travel stocks faced selling pressure after a significant power outage closed Britain's Heathrow Airport for the day. Lufthansa fell 2.3 percent, IAG lost 3 percent and Air France KLM gave up 3.1 percent.

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U.S. Consumer Confidence Index Edges Lower In August

U.S. Consumer Confidence Index Edges Lower In August

A report released by the Conference Board on Tuesday showing a modest deterioration by consumer confidence in the U.S. in the month of August. The Conference Board said its consumer confidence index dipped to 97.4 in August from an upwardly revised 98.7 in July.

RTTNews | 14 मिनटों पहले

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July. The Commerce Department said durable goods orders slumped by 2.8 percent in July after plummeting by a revised 9.4 percent in June.

RTTNews | 25 मिनटों पहले

Bay Street May Open On Weak Note

Bay Street May Open On Weak Note

Canadian shares look headed for negative start on Tuesday, weighed down by weak oil prices, and concerns about global trade after U.S. President Donald Trump threatened 200% tariffs on China if Beijing does not export rare-earth magnets to the U.S.

RTTNews | 1घंटे 43 मिनट पहले

U.S. Durable Goods Orders Tumble Less Than Expected In July

U.S. Durable Goods Orders Tumble Less Than Expected In July

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July.

RTTNews | 1घंटे 49 मिनट पहले

FTSE 100 Modestly Lower

FTSE 100 Modestly Lower

After posting gains in the previous five sessions, the U.K. market is exhibiting weakness on Tuesday, weighed down by losses in financials and retail sectors.

RTTNews | 2घंटे 11 मिनट पहले

CAC Down Sharply On Widespread Selling

CAC Down Sharply On Widespread Selling

French stocks are down sharply on Tuesday, extending previous session's steep drop, amid ongoing political uncertainty in the country.

RTTNews | 2घंटे 36 मिनट पहले

DAX Extending Recent Weakness

DAX Extending Recent Weakness

German stocks are down in negative territory on Tuesday, extending losses from the previous session, due to geopolitical concerns and uncertainty about tariffs.

RTTNews | 3घंटे 59 मिनट पहले

Sensex, Nifty Tumble On Tariff Worries

Sensex, Nifty Tumble On Tariff Worries

Indian shares tumbled on Tuesday after the Trump administration officially issued a notice regarding the imposition of an additional 25 percent tariffs on Indian imports, with the punitive duties set to kick in at 12:01 am (EST) on August 27.

RTTNews | 4घंटे 3 मिनट पहले

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उच्च जोखिम चेतावनी: फॉरन एक्सचेंज ट्रेडिंग में उच्च स्तर का खतरा होता है जो हर निवेशकों के लिए सही नहीं हो सकता. लीवरेज अधिकतम खातर और हानि के अनावरण को उत्पन्न करता है. इससे पहले कि आप निर्णय लें फॉरन एक्सचेंज में ट्रेड करने का, ध्यान अपने निवेश के उद्देश्यों, अनुभव स्तर, और खतरा उठाने की सहिष्णुता पर विचार करें. आप कुछ या अपनी प्रारंभिक निवेश को खो सकते हैं. बिल्कुल भी उस पैसे को निवेश ना करें जो आप खोने को बर्दाश्त नहीं कर सकते. अपने आप को शिक्षित करें उन खतरों से जो फॉरन एक्सचेंज ट्रेडिंग से संबंधित हैं, और सलाह लें किसी स्वतंत्र आर्थिक या कर सलाहकार से अगर आपके पास कोई भी प्रश्न हैं तो. कोई भी डाटा या जानकारों जो दी जाती है वे केवल सूचनात्मक उद्देश्यों के लिए है, और यब ट्रेडिंग आशय या सलाह पर नियत नहीं है. पिछले निष्पादन भविष्य के परिणामों के लिए परियाचक नहीं हैं.