DAX Slips In Cautious Trade After Fed Rate Decision

RTTNews | 508天前
DAX Slips In Cautious Trade After Fed Rate Decision

(RTTNews) - German stocks were subdued on Thursday after the Federal Reserve signaled that it is poised to keep interest rates higher for longer.

Investors ignored the results of a survey, which showed Germany's manufacturing PMI hit a two-month high of 42.5 in April, up from March's 41.9.

The benchmark DAX was down 6 points at 17,925 as trading resumed after the May Day holiday.

In corporate news, fashion retailer Hugo Boss tumbled 3.7 percent despite first-quarter profit coming in above expectations and the company guiding for growth over the year ahead.

Nordex dropped 1 percent despite news that it has received a 148MW turbine order for an undisclosed wind project in California.

Rational AG declined 1.6 percent. The maker of kitchen equipment confirmed its forecast for the full year after reporting an increase in net earnings for the first-quarter, reflecting a rise in sales.

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Swiss Market Settles Marginally Up

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RTTNews | 1小時30分鐘前
European Stocks Close Mostly Lower After Cautious Session

European Stocks Close Mostly Lower After Cautious Session

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RTTNews | 1小時56分鐘前
TSX Hits New High, Up Nearly 0.5%; Materials Stocks Rally Again

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RTTNews | 3小時7分鐘前
Kirkland Signature Ahi Tuna Wasabi Poke Sold At Costco Recalled

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RTTNews | 6小時57分鐘前
FTSE 100 Up Marginally; Miners In Demand

FTSE 100 Up Marginally; Miners In Demand

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RTTNews | 7小時54分鐘前
CAC 40 Modestly Lower In Cautious Trade

CAC 40 Modestly Lower In Cautious Trade

French stocks are modestly lower on Monday with investors making cautious moves, looking ahead to the data on manufacturing and services sector activity in major European economies, and a key U.S. inflation reading this week.
RTTNews | 8小時27分鐘前