DAX Slightly Higher In Cautious Trade

RTTNews | 614天前
DAX Slightly Higher In Cautious Trade

(RTTNews) - German stocks traded slightly higher on Wednesday after Israel and Hamas agreed to a four-day truce that would see the Palestinian group release dozens of hostages taken on October 7.

Nvidia's outlook beat expectations, though the chipmaker predicted decline in sales to China.

The benchmark DAX was up 43 points, or 0.3 percent, at 15,943 after finishing marginally lower the previous day.

Fresenius Medical Care rose about 2 percent after raising its annual earnings outlook.

Also, the world's leading provider of products and services for individuals with renal diseases has resolved a legal dispute with the U.S. government.

Thyssenkrupp jumped over 7 percent. After reporting fiscal 2023 net loss of 2.0 billion euros, the industrial engineering and steel company said it sees profit and higher sales in RY24.

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Swiss Stocks Slip On Late Selling; SMI Ends 0.34% Down

Swiss Stocks Slip On Late Selling; SMI Ends 0.34% Down

The Switzerland market closed weak on Monday as a few stocks tumbled on selling pressure in the final hour of the day's session. The market got off to a firm start, in line with markets across Europe, as news about the U.S. and European Union agreed on a trade deal over the weekend. However, the mood turned cautious as the day progressed, and the market eventually closed on a weak note.
RTTNews | 2小時37分鐘前
European Markets Fail To Hold Gains, Settle Weak

European Markets Fail To Hold Gains, Settle Weak

Despite opening on a bright note, European stocks retreated and settled mostly lower on Monday, as initial buoyancy over an EU-US trade deal faded and investors looked ahead to earnings updates, some crucial economic data and policy announcements from the Federal Reserve and the Bank of Japan this week.
RTTNews | 3小時3分鐘前
Canadian Market Modestly Lower; Materials Stocks Decline

Canadian Market Modestly Lower; Materials Stocks Decline

Despite the U.S.-European Union agreeing on a trade deal over the weekend, the mood in the market remains cautious. The market slipped after opening flat Monday morning, and despite staging a recovery subsequently, remains in negative territory, weighed down by losses in materials sector due to weak metal prices.
RTTNews | 4小時16分鐘前
Tesla, Samsung Sign $16.54 Bln Chip Deal; Shares Gain

Tesla, Samsung Sign $16.54 Bln Chip Deal; Shares Gain

EV major Tesla Inc. and South Korean chip maker Samsung Electronics Co. Ltd. have entered into a contract worth around 22.76 trillion Korean Won or $16.54 billion for semiconductor contract manufacturing. Tesla founder and CEO Elon Musk in a post on the social media platform confirmed that Samsung will be making Tesla's next-generation AI6 chip.
RTTNews | 6小時26分鐘前
Bay Street Likely To Open Higher

Bay Street Likely To Open Higher

Canadian shares may open on a positive note Monday morning following the U.S. and European Union agreeing on a trade deal.
RTTNews | 7小時43分鐘前
FTSE 100 Retreats After Positive Start, Down Marginally

FTSE 100 Retreats After Positive Start, Down Marginally

The U.K. market is down slightly a little past noon on Monday, having shed early gains, as investors await a slew of corporate earnings announcements due this week. Reports about the EU and U.S. arriving at a trade deal lifted sentiment in European markets this morning, but most of the major markets are off early highs with the focus shifting to earnings and economic data.
RTTNews | 8小時42分鐘前
CAC 40 Up Over 0.5% As Trade Tensions Ease

CAC 40 Up Over 0.5% As Trade Tensions Ease

After opening on a firm note, French stocks gave up some gains Monday morning as investors turned a bit cautious, looking ahead to some crucial earnings and economic data due this week. The positive start came amid easing concerns over tariff as the U.S. and EU arrived at a trade deal over the weekend.
RTTNews | 9小時1分鐘前