DAX Slips Amid Earnings Deluge

RTTNews | 658日前
DAX Slips Amid Earnings Deluge

(RTTNews) - German stocks traded lower on Wednesday as investors reacted to a slew of earnings updates and looked ahead to Fed Chair Jerome Powell's speech for direction.

Meanwhile, Germany's consumer price inflation slowed sharply in October to hit the lowest in more than two years, final data from Destatis showed.

The consumer price index rose 3.8 percent year-on-year, following a 4.5 percent increase in the previous month. This was the lowest rate since August 2021 and matched the flash estimate published on October 30.

The benchmark DAX was down 32 points, or 0.2 percent, at 15,121 after closing 0.1 percent higher on Tuesday.

Continental AG rallied 2.2 percent after reporting higher earnings and slightly raising its outlook for the tires business.

DHL Group jumped 2.3 percent despite the logistics company posting a 32 percent drop in its third-quarter operating profit.

Bayer was little changed after it slipped to a loss in Q3.

Adidas dropped half a percent after reporting a decline in Q3 revenue.

Commerzbank jumped nearly 6 percent after Q3 net profit more than tripled.

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Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

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RTTNews | 23分前
Asian Markets Trade Mostly Higher

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RTTNews | 38分前
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Swiss Market Settles Modestly Higher

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Japanese Market Notably Higher

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RTTNews | 1時29分前
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Thai Bourse May Halt Losing Streak On Thursday

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RTTNews | 1時38分前
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian market is slightly lower in choppy trading on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.
RTTNews | 1時46分前
Indonesia Shares Tipped To Open In The Green

Indonesia Shares Tipped To Open In The Green

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RTTNews | 2時8分前