DAX Tumbles On Inflation, Growth Worries

RTTNews | 926天前
DAX Tumbles On Inflation, Growth Worries

(RTTNews) - German stocks fell sharply on Friday and bond yields extended their climb, as worries about inflation and interest-rate rises gripped markets.

U.S. social media company Snap Inc's bleak fourth-quarter outlook also reminded the risk of recession.

The benchmark DAX fell 205 points, or 1.6 percent, to 12,562 after rising 0.2 percent on Thursday.

METRO AG shares fell about 1 percent. After reporting a 11.8 percent increase in sales in the fourth quarter of its financial year, the wholesale giant warned that the next year continues to be challenging with high inflation and growing cost pressure.

Adidas plunged nearly 9 percent as the sporting goods maker cut its full-year outlook, citing weakening demand.

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Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Monday, snapping a seven-session winning streak, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling below the 8,200.00 level, with weakness in energy and financial stocks partially offset by gains in iron ore miners and technology stocks.
RTTNews | 1小時22分鐘前
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Monday, following the broadly positive cues from Wall Street on Friday, with some of the major markets in the region closed, including China, Hong Kong and Japan. Traders are optimistic and react to indications China is open to trade talks with the U.S. Asian markets closed mostly higher on Friday.
RTTNews | 1小時32分鐘前
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian stock market is modestly higher on Monday, snapping a seven-session winning streak, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving well above the 8,200.00 level, with gains is iron ore miners and technology stocks partially offset by weakness in energy and financial stocks.
RTTNews | 3小時38分鐘前
Higher Open Anticipated For Indonesia Shares

Higher Open Anticipated For Indonesia Shares

The Indonesia stock market has moved higher in five straight sessions, advancing almost 210 points or 3.3 percent along the way. The Jakarta Composite Index now rests just above the 6,815-point plateau and it's tipped to open in the green again on Monday.
RTTNews | 4小時18分鐘前
Overbought Taiwan Bourse Nonetheless Called Higher On Monday

Overbought Taiwan Bourse Nonetheless Called Higher On Monday

The Taiwan stock market has finished higher in five straight trading days, rallying more than 1,300 points or 6.4 percent in that span. The Taiwan Stock Exchange now sits just above the 20,780-point plateau and it's got another solid lead for Monday's trade.
RTTNews | 4小時48分鐘前
Australia Services PMI Slips In April - S&P Global

Australia Services PMI Slips In April - S&P Global

The services sector in Australia continued to expand in April, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a services PMI score of 51.0.
RTTNews | 4小時50分鐘前