DAX Slips As Investors Await US Inflation Data

RTTNews | 43 일 전
DAX Slips As Investors Await US Inflation Data

(RTTNews) - German stocks traded slightly lower on Monday as investors digested mixed inflation data from China and awaited U.S. inflation data due later this week for directional cues.

The benchmark DAX was down 25 points, or 0.1 percent, at 18,748 after rising half a percent on Friday.

IT company Q.beyond rose 1.4 percent after narrowing its Q1 loss and confirming 2024 outlook.

Adesso SE slumped 4.5 percent. The IT services provider reported that its first-quarter consolidated loss was 3.30 million euros, compared to prior year's profit of 2.02 million euros.

Ceconomy added nearly 2 percent after the electronics retailer said it expects adjusted earnings for fiscal 2024 to be above analysts' expectations.

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Ford Recalls About 550,000 2014 Model Year F-150 Vehicles

Ford Recalls About 550,000 2014 Model Year F-150 Vehicles

Ford Motor Co. (F) on Tuesday issued a recall for a total of 552,188 2014 model year F-150 pick-up trucks in the United States due to a Powertrain Control Module (PCM) issue, the National Highway Traffic Safety Administration said on Tuesday.
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Pound Rises Against Majors

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The British pound strengthened against other major currencies in the European session on Tuesday.
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Amazon's 10th Prime Day Event On July 16 - 17

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Prime Day, Amazon's biggest deal event is back for the 10th year, on July 16 and 17, to offer millions of exclusive deals for Prime Members. Along with the United States, the Prime Day deals will be available in many countries worldwide. Prime members can start preparing now for Prime Day, with deal alerts, invite-only deals, and personalized deal notifications.
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European Shares Edge Lower Ahead Of French Snap Elections

European Shares Edge Lower Ahead Of French Snap Elections

European stocks fell in cautious trade on Tuesday, a day after French President Emmanuel Macron warned that a victory for the far left or the far right in this month's snap election could spark "civil war."
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