DAX Edges Lower In Cautious Trade
(RTTNews) - German stocks fell in cautious trade on Tuesday as investors awaited cues from upcoming ECB rate decision and jobs data from the U.S.
Meanwhile, Germany's unemployment rate remained unchanged in April, according to the results of the labor force survey, published by Destatis earlier today.
The unemployment rate held steady at adjusted 3.2 percent in April.
The number of unemployed decreased only 1,000 or 0.1 percent to 1.42 million. The jobless rate rose to 3.2 percent from 3.1 percent last year.
The benchmark DAX was down 116 points, or 0.6 percent, at 18,492 after rising 0.6 percent in the previous session.
Deutsche Telekom AG shares fell 2 percent after Germany's state-owned investment bank KfW said has initiated the sale of 110 million shares of the company.
Swiss Market Settles Marginally Up
European Stocks Close Mostly Lower After Cautious Session
TSX Hits New High, Up Nearly 0.5%; Materials Stocks Rally Again
Kirkland Signature Ahi Tuna Wasabi Poke Sold At Costco Recalled
Bay Street Looks Headed For Positive Start
China's BYD Stock Down On Reports Of Warren Buffett's Berkshire Hathaway Sells Out Stake
FTSE 100 Up Marginally; Miners In Demand
