DAX Gives Up Early Gains

RTTNews | 596 일 전
DAX Gives Up Early Gains

(RTTNews) - German stocks were subdued on Thursday, giving up earlier gains as the euro held gains against the dollar in a shallow market due to the Christmas holidays.

The benchmark DAX was down 15 points at 16,726 after gaining 0.2 percent the previous day on dovish Fed bets.

U.S. holiday retail sales figures came in below expectations, denting sentiment.

Preliminary insights from Mastercard SpendingPulseTM showed that U.S. retail sales increased 3.1 percent over the key holiday shopping season, markedly lower from last year's 7.6 percent rise as higher interest rates and inflation pressured consumer spending.

Economy-sensitive stocks are moving lower, with Commerzbank, Deutsche Bank, BMW, Mercedes Benz and Volkswagen all trading in the red.

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U.S. Business Inventories Rise In Line With Estimates In June

U.S. Business Inventories Rise In Line With Estimates In June

A report released by the Commerce Department on Friday showed business inventories in the U.S. increased in line with economist estimates in the month of June. The Commerce Department said business inventories rose by 0.2 percent in June after coming in unchanged in May. The uptick matched expectations.
RTTNews | 57 분 전
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U.S. Industrial Production Pulls Back Slightly In July

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RTTNews | 1 시간 43 분 전
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U.S. Import Price Growth Exceeds Estimates In July

U.S. Import Price Growth Exceeds Estimates In July

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U.S. Retail Sales Climb 0.5% In July, In Line With Estimates

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A report released by the Commerce Department on Friday showed retail sales in the U.S. increased in line with economist estimates in the month of July. The Commerce Department said retail sales climbed by 0.5 percent in July after jumping by an upwardly revised 0.9 percent in June.
RTTNews | 3 시간 15 분 전