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DAX Declines On US Debt Ceiling Worries
(RTTNews) - German stocks tumbled on Wednesday after another round of U.S. debt ceiling talks ended without an agreement.
If Congress does not raise the debt ceiling, the U.S. government will be unable to pay its bills and will default on its debt.
U.S. Treasury Secretary Janet Yellen previously warned lawmakers that a default in early June is "highly likely."
Following recent hawkish talk from several Federal Reserve officials, investors also waited for the minutes from the Federal Reserve's meeting earlier in May for additional clues on the Fed's rate hike path.
The benchmark DAX dropped 216 points, or 1.3 percent, to 15,936 after losing 0.4 percent in the previous session.
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Japan Data On Tap For Friday
Japan is scheduled to release a batch of data on Friday, headlining a busy day for Asia-Pacific economic activity. On tap are July figures for unemployment, industrial production, retail sales, housing starts and construction orders, as well as August data for household confidence and Tokyo inflation.
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39分鐘前
Euro Climbs Against Majors
The euro firmed against its major counterparts in the New York session on Thursday.
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1小時11分鐘前
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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4小時49分鐘前
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.
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5小時9分鐘前
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.
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5小時42分鐘前
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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8小時9分鐘前
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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8小時19分鐘前
Walgreen Co. Now Operating As Private Standalone Company Under Sycamore Partners
Independent retail pharmacy Walgreen Co. announced Thursday it is now operating as a private standalone company following the closure of the acquisition of Walgreens Boots Alliance, Inc. (WBA) by New York-based private equity firm Sycamore Partners.
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8小時31分鐘前
