DAX Declines As Focus Turns To US Inflation Data

RTTNews | 1115天前
DAX Declines As Focus Turns To US Inflation Data

(RTTNews) - German stocks declined on Tuesday as investors awaited Wednesday's key U.S. inflation print for clues on the Fed's next move. The benchmark DAX dropped 40 points, or 0.3 percent, to 13,647 after climbing 0.8 percent in the previous session.

Automotive parts manufacturer Continental AG fell over 1 percent after it swung to a loss in the second quarter.

Automakers BMW and Volkswagen were seeing modest losses.

Munich Re gained 1 percent. The reinsurer kept its annual target unchanged after profit and premiums in the second quarter beat expectations.

Wacker Neuson shares slumped 4.7 percent. The maker of construction equipment and machines posted a decline in earnings for the first-half amidst persisting supply chain strains and high costs for materials, energy and shipping.

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Asian Markets Mixed Amid Caution Trades

Asian Markets Mixed Amid Caution Trades

Asian stock markets are mixed on Friday, following the broadly positive cues from Wall Street overnight, ahead of the release of key U.S. inflation data later in the day that could impact the outlook for interest rates. Traders also digested highly anticipated earnings news from Nvidia, with the AI darling and market leader reporting second-quarter results that largely exceeded expectations.
RTTNews | 37分鐘前
Thai Stock Market Tipped To Open In The Green

Thai Stock Market Tipped To Open In The Green

The Thai stock market on Thursday ended the two-day slide in which it had slipped almost 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it may open to the upside again on Friday.
RTTNews | 1小時43分鐘前
Japanese Market Notably Lower

Japanese Market Notably Lower

Giving up some of the gains in the previous two sessions, the Japanese market is notably lower on Friday, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling well below the 42,700 level, with weakness across most sectors led by exporters and technology stocks.
RTTNews | 2小時1分鐘前
Additional Support Predicted For Indonesia Shares

Additional Support Predicted For Indonesia Shares

The Indonesia stock market has moved higher in two consecutive trading days, gathering almost 50 points or 0.6 percent in that span. The Jakarta Composite Index now sits just above the 7,950-point plateau and it may add to its winnings on Friday.
RTTNews | 2小時13分鐘前
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is trading slightly lower on Friday, giving up some of the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with weakness in mining and financial stocks partially offset by gains in energy and technology stocks.
RTTNews | 2小時22分鐘前
Hong Kong Shares May Stop The Bleeding On Friday

Hong Kong Shares May Stop The Bleeding On Friday

The Hong Kong stock market has finished lower in three straight sessions, tumbling almost 830 points or 3.3 percent along the way. The Hang Seng Index now rests just beneath the 25,000-point plateau although it may find traction on Friday.
RTTNews | 2小時28分鐘前
Higher Open Called For China Stock Market

Higher Open Called For China Stock Market

The China stock market on Thursday snapped the two-day losing streak in which it had stumbled more than 80 points or 2.1 percent. The Shanghai Composite Index now sits just above the 3,840-point plateau and it's expected to see additional support on Friday.
RTTNews | 2小時43分鐘前