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DAX Rises On Hopes Of ECB Rate Pause
(RTTNews) - German stocks advanced on Thursday as retreating U.S. Treasury yields weakened the dollar and boosted appetite for riskier assets.
Stellar earnings from chip maker Nvidia and increasing prospects of the European Central Bank keeping rates unchanged in September also underpinned sentiment.
The benchmark DAX was up 104 points, or 0.7 percent, at 15,833 after edging up 0.2 percent in the previous session.
Fielmann added 1.5 percent. The eyewear and hearing aid company backed its FY23 outlook after posting a higher net profit for the second quarter.
CTS Eventim, which specializes in event organization, rose nearly 2 percent after reporting a rise in first-half normalized EBITDA and revenue.
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Swiss Stocks Close On Firm Note; SMI Hits New Record High
Switzerland's benchmark SMI hit a new record high on Tuesday with stocks staying firm after recovering from a slightly cautious start.
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3小時31分鐘前
European Stocks Close Broadly Higher
European stocks closed higher on Tuesday with some of the markets hitting fresh highs, amid continued optimism the Federal Reserve will consider more rate cuts next year. The volume of business was thin in most the markets as traders remained on the sidelines ahead of upcoming Christmas holidays.
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3小時48分鐘前
Canadian Stocks Turning In Mixed Performance
Canadian stocks are turning in a mixed performance on Tuesday with investors digesting the nation's GDP data and a slew of economic reports from the U.S. With truncated sessions and holidays ahead, the mood in the market remains a bit subdued and the volume of business is rather thin.
RTTNews
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4小時31分鐘前
U.S. Consumer Confidence Deteriorates For Fifth Straight Month In December
Consumer confidence in the U.S. deteriorated for the fifth consecutive month in December, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index slid to 89.1 in December from an upwardly revised 92.9 in November.
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6小時27分鐘前
U.S. Industrial Production Rises 0.2% In November, Slightly More Than Expected
A report released by the Federal Reserve on Tuesday showed industrial production in the U.S. increased by slightly more than expected in the month of November. The Fed said industrial production rose by 0.2 percent in November after edging down by 0.1 percent in October. Economists had expected industrial production to inch up by 0.1 percent.
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6小時31分鐘前
U.S. Economy Grows Much More Than Expected In Q3
A report released by the Commerce Department on Tuesday showed the U.S. economy grew by much more than expected in the third quarter of 2025. The Commerce Department said real gross domestic product spiked by 4.3 percent in the third quarter after surging by 3.8 percent in the second quarter. Economists had expected GDP to jump by 3.3 percent.
RTTNews
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6小時52分鐘前
U.S. Durable Goods Orders Plunge 2.2% In October, More Than Expected
Reflecting a steep drop in orders for transportation equipment, the Commerce Department released a report on Tuesday showing new orders for U.S. manufactured durable goods fell by more than expected in the month of October. The report said durable goods orders tumbled by 2.2 percent in October after climbing by an upwardly revised 0.7 percent in September.
RTTNews
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7小時6分鐘前
U.S. Industrial Production Rises Slightly More Than Expected In November
A report released by the Federal Reserve on Tuesday showed industrial production in the U.S. increased by slightly more than expected in the month of November.
RTTNews
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7小時26分鐘前
