DAX Drops As China's Covid Unrest Engulfs Global Market Sentiment

RTTNews | 1029 일 전
DAX Drops As China's Covid Unrest Engulfs Global Market Sentiment

(RTTNews) - The German stock market benchmark DAX dropped close to 1 percent on Monday, as investors worldwide reacted to the unprecedented protests in China against the strict Covid curbs.

The forty-scrip DAX index is currently trading at 14,407.60, down 0.92 percent on an overnight basis. The day's trading has been within the range of 14,379.83 and 14,514.98.

Only 5 scrips of the 40-scrip index are trading in an overnight positive territory. Fresenius is the top gainer with a 1.3 percent uptick.

Specialty chemicals business Brenntag dropped around 8 percent after Friday's announcement that it had conducted takeover talks with U.S. rival Univar. Airbus and Vonovia have both declined more than 3 percent.

The EUR/USD pair is at 1.0472, surging 0.74 percent overnight whilst the US Dollar Index weakened 0.34 percent to 105.60.

The ten-year bond yield has increased 0.2 percent to 1.974%, versus 1.97% percent at the previous close.

The pan-European STOXX 600 is currently trading at 436.86, down 0.88 percent on an overnight basis.

read more
TSX Hits New High, Up Nearly 0.5%; Materials Stocks Rally Again

TSX Hits New High, Up Nearly 0.5%; Materials Stocks Rally Again

After moving to a new record high thanks to strong buying in the materials sector, the Canadian market remains fairly well placed in positive territory a little past noon on Monday. Amid geopolitical tensions and rising bets on more monetary easing by the Federal Reserve this year, gold and silver prices have risen sharply today, triggering hectic buying in the materials sector.
RTTNews | 58 분 전
Kirkland Signature Ahi Tuna Wasabi Poke Sold At Costco Recalled

Kirkland Signature Ahi Tuna Wasabi Poke Sold At Costco Recalled

Western United Fish Co., dba Annasea Foods Group, is recalling around 3,300 pounds of Kirkland Signature Ahi Tuna Wasabi Poke sold at Costco stores due to potential contamination with Listeria monocytogenes, according to the U.S. Food and Drug Administration.
RTTNews | 4 시간 48 분 전
FTSE 100 Up Marginally; Miners In Demand

FTSE 100 Up Marginally; Miners In Demand

The U.K. stock market is somewhat subdued on Monday with investors mostly staying cautious, looking ahead to reports on manufacturing and services sector activity from major economies for directional clues. A key reading on U.S. inflation is also due this week.
RTTNews | 5 시간 45 분 전
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 | 6 시간 18 분 전
DAX Moderately Lower; Auto Stocks Lose Ground

DAX Moderately Lower; Auto Stocks Lose Ground

The German stock market is down firmly in negative territory on Monday, weighed down by losses in auto and financial sectors. The mood is down across global markets following the Trump administration announcing sweeping changes to the H-1B visa regime.
RTTNews | 6 시간 31 분 전