DAX Edges Higher On China Stimulus Hopes

RTTNews | 790 일 전
DAX Edges Higher On China Stimulus Hopes

(RTTNews) - German stocks advanced on Friday and Eurozone bond yields ticked higher as investors awaited the latest Eurozone inflation data due later in the day for more clues on the direction of interest rates.

Earlier in the day, China reported weak manufacturing and non-manufacturing data, raising calls for more stimulus.

Closer home, investors shrugged off data showing that Germany's jobless rate rose unexpectedly in June.

The benchmark DAX was up 105 points, or 0.7 percent, at 16,052 after ending marginally lower the previous day.

Sportswear maker Adidas climbed 1.8 percent and Puma jumped 2.2 percent despite Nike forecasting first-quarter revenue below analyst expectations on Thursday.

Property firm LEG Immobilien SE soared almost 4 percent after lifting its outlook for 2023.

read more
Eurozone Economic Confidence Weakens In August

Eurozone Economic Confidence Weakens In August

Eurozone economic sentiment softened unexpectedly in August as only industry and retail trade showed improvements, survey results from the European Commission showed Thursday. The economic sentiment indicator slid to 95.2 in August from a revised 95.7 in the previous month. The score was forecast rise to 96.0.
RTTNews | 11 분 전
U.S. Economy Surges More Than Previously Estimated In Q2

U.S. Economy Surges More Than Previously Estimated In Q2

The U.S. economy grew by more than previously estimated in the second quarter of 2025, according to revised data released by the Commerce Department on Thursday. The report said real gross domestic product shot up by 3.3 percent in the second quarter compared to the previously reported 3.0 percent surge. Economists had expected the jump in GDP to be upwardly revised to 3.1 percent.
RTTNews | 33 분 전
U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates

U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates

A report released by the Labor Department on Thursday showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 23rd. The Labor Department said initial jobless claims dipped to 229,000, a decrease of 5,000 from the previous week's revised level of 234,000. Economists had expected jobless claims to slip to 230,000.
RTTNews | 40 분 전
Switzerland Logs Weaker Growth, Trims 2026 Outlook

Switzerland Logs Weaker Growth, Trims 2026 Outlook

The Swiss economy expanded modestly in the second quarter, as estimated earlier, and higher U.S. tariffs are set to push down growth prospects, the State Secretariat for Economic Affairs said Thursday. Gross domestic product grew 0.1 percent from the first quarter, unchanged from the flash estimate. Growth softened notably from 0.7 percent in the first quarter.
RTTNews | 1 시간 45 분 전
U.S. Weekly Jobless Claims Edge Down To 229,000

U.S. Weekly Jobless Claims Edge Down To 229,000

A report released by the Labor Department on Thursday showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 23rd.
RTTNews | 1 시간 58 분 전
FTSE 100 Down 0.4% In Cautious Trade

FTSE 100 Down 0.4% In Cautious Trade

After a slightly positive start, U.K. stocks turned weak Thursday morning with investors treading cautiously amid a lack of triggers. Shares of financials and utilities companies are struggling a bit.
RTTNews | 3 시간 8 분 전