DAX Extends Gains In Cautious Trade

RTTNews | 269日前
DAX Extends Gains In Cautious Trade

(RTTNews) - German stocks traded higher on Tuesday despite the recent negative economic readings and political instability in the country,

The benchmark DAX was up 70 points, or 0.4 percent, at 20,003 after rallying 1.6 percent to hit a new record high for the second day running the previous day.

The euro slipped amid concerns over potential French government collapse.

Technology stocks traded higher, with Infineon rising more than 1 percent after sharp gains in technology stocks pulled Wall Street to another record finish overnight.

SAP, which has surpassed Dutch chip equipment maker ASML in market valuation, was modestly higher.

Auto stocks were mixed, with BMW rising 1.8 percent, while Mercedes Benz fell 1.7 percent and Volkswagen dipped 0.4 percent.

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German Inflation Accelerates To 2.2% In August

German Inflation Accelerates To 2.2% In August

Consumer price inflation in Germany climbed in August to its highest level in five months, while the core figure was steady amid an acceleration in food price growth, and weakened chances for further easing from the European Central Bank in the near term.
RTTNews | 4時44分前
Swiss Market Ends Modestly Lower

Swiss Market Ends Modestly Lower

Save for a very brief while early on in the session, and for less than an hour a little past mid afternoon, the Switzerland market stayed in negative territory on Friday with investors largely staying cautious due to a lack of positive triggers.
RTTNews | 7時34分前
European Stocks Close Lower On Geopolitical Tensions

European Stocks Close Lower On Geopolitical Tensions

European stocks closed lower on Friday, weighed down by geopolitical concerns due to rising clashes in Gaza and Ukraine, and political uncertainty in France. Investors also digested the latest batch of economic data, including the closely watched U.S. personal consumption expenditure report.
RTTNews | 8時3分前
Chicago Business Barometer Slumps Much More Than Expected In August

Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.
RTTNews | 11時6分前
U.S. Consumer Prices Increase In Line With Estimates In July

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.
RTTNews | 11時50分前