DAX Down More Than 1% Despite Paring Some Early Losses

RTTNews | 18時0分前
DAX Down More Than 1% Despite Paring Some Early Losses

(RTTNews) - German stock market's benchmark index DAX is sliding for a fourth straight session, falling more than 1% on Tuesday, amid rising concerns about high valuations of Artificial Intelligence-related stocks, and uncertainty surrounding the upcoming policy moves of the Federal Reserve due to a lack of some crucial macro economic data.

Investors are wary of picking up stocks as they await September U.S. jobs data, and Nvidia's results for cues.

Stocks from across several sectors are down in negative territory. The DAX, which tumbled to 23,230.19 earlier in the session, was down 238.65 points or 1.01% at 23,340.70 a little while ago.

Only three stocks among the DAX constituents are up in positive territory at present. Rheinmetall is gaining 3% after raising its 2030 sales outlook to about €50 billion, alongside a new corporate structure and new strategy for its US business.

Deutsche Boerse is up 0.6% and Zalando is up marginally.

Siemens Energy is down more than 4%. Deutsche Bank and Merck are down 3.6% and 3.4%, respectively.

Daimler Truck Holding, Infineon Technologies, Commerzbank, Fresenius, Mercedes-Benz and Bayer are down 2.2 to 2.8%.

BMW, Adidas, Deutsche Telekom, Volkswagen, Continental, Heidelberg Materials, Porsche Automobil Holding, MTU Aero Engines and Fresenius Medical Care are also notably lower.

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Australian Market Trims Early Slight Gains In Mid-market

Australian Market Trims Early Slight Gains In Mid-market

The Australian stock market is trimming its early slight gains in mid-market moves in choppy trading on Wednesday, reversing some of the sharp losses in the previous session, with the benchmark S&P/ASX 200 staying well above the 8,450 level, despite the broadly negative cues from Wall Street overnight, with gains in gold miner stocks partially offset by weakness in financial stocks.
RTTNews | 1時45分前
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian markets are trading mostly higher on Wednesday, despite the negative cues from Wall Street overnight, as traders look to pick up stocks at a bargain following the three-day sell-off in the markets. They are also cautious ahead to the release of some US economic data that was delayed, including the September jobs report on Thursday for clues on the outlook for interest rates.
RTTNews | 2時2分前
Thai Stock Market May Extend Tuesday's Losses

Thai Stock Market May Extend Tuesday's Losses

The Thai stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day slide in which it had given up more than 20 points or 1.6 percent. The Stock Exchange of Thailand now sits just above the 1,270-point plateau and it's got another weak lead for Wednesday's trade.
RTTNews | 3時13分前
Japanese Market Slightly Higher

Japanese Market Slightly Higher

The Japanese stock market is slightly higher on Wednesday after opening in the green and briefly slipping in to the red, reversing some of the losses in the previous three sessions, following the negative cues from Wall Street overnight. The Nikkei 225 is staying above the 48,700 level, with gains in automakers and index heavyweights partially offset by weakness in financial and technology stocks.
RTTNews | 3時28分前
Lower Open Called For Indonesia Stock Market

Lower Open Called For Indonesia Stock Market

The Indonesia stock market headed south again on Tuesday, one day after snapping the two-day slide in which it had slipped almost 20 points or 0.3 percent. The Jakarta Composite Index now sits just above the 8,360-point plateau although the losses may accelerate on Wednesday.
RTTNews | 3時43分前
Hong Kong Shares Expected To Open In The Red

Hong Kong Shares Expected To Open In The Red

The Hong Kong stock market has finished lower in three straight sessions, slumping almost 1,150 points or 4.3 percent along the way. The Hang Seng Index now rests just above the 25,900-point plateau and it may extend its losses on Wednesday.
RTTNews | 3時58分前
Australian Market Slightly Higher

Australian Market Slightly Higher

Australian shares are trading slightly higher on Wednesday, reversing some of the sharp losses in the previous session, with the benchmark S&P/ASX 200 staying well above the 8,450 level, despite the broadly negative cues from Wall Street overnight, with gains in gold miner stocks partially offset by weakness in financial stocks. Most other sectors are performing mixed.
RTTNews | 4時4分前