DAX Extends Losses On China Growth Concerns

RTTNews | 703 days ago
DAX Extends Losses On China Growth Concerns

(RTTNews) - German stocks declined on Friday to extend losses from the previous session on China growth concerns and fears of further interest-rate hikes by the U.S. Federal Reserve.

China's property giant Evergrande has filed for bankruptcy protection in the United States, underscoring the deepening turmoil in the country's property sector.

The benchmark DAX was down 111 points, or 0.7 percent, at 15,565 after declining 0.7 percent in the previous session.

Sports apparel and footwear giant Adidas fell 1.3 percent after renewing a long-term license agreement with Coty Inc., a manufacturer of fragrance, color cosmetics, and skin and body care products.

SUSE soared 60 percent after the software solutions provider said it would quit the Frankfurt Stock Exchange and become a private company again.

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Canadian Market Marginally Up; Materials Shares Rally

Canadian Market Marginally Up; Materials Shares Rally

The Canadian market is up in positive territory Monday afternoon, lifted by strong gains in the materials sector thanks to higher metal prices. A few stocks from communications, real estate and technology sectors are also notably higher. The mood is cautious with investors looking for news from the trade front.
RTTNews | 2h 31min ago
Swiss Market Ends On Weak Note

Swiss Market Ends On Weak Note

Save for a brief while around mid morning, the Switzerland market languished in negative territory during the day's trading session on Monday as investors remained reluctant to make significant moves amid a lack of positive news from the trade front.
RTTNews | 2h 52min ago
U.S. Leading Economic Index Dips Slightly More Than Expected In June

U.S. Leading Economic Index Dips Slightly More Than Expected In June

A report released by the Conference Board on Monday showed its reading on leading U.S. economic indicators fell by slightly more than expected in the month of June. The Conference Board said its leading economic index declined by 0.3 percent in June following a revised unchanged reading in May.
RTTNews | 6h 14min ago
Bay Street May Open Slightly Higher

Bay Street May Open Slightly Higher

Canadian shares open higher on Monday amid some optimism about a few nations striking trade deals with the U.S. ahead of the August 1 deadline. Firm metal prices are likely to trigger some buying in the materials sector.
RTTNews | 7h 55min ago
UK Consumer Sentiment Remains Downbeat: S&P Global

UK Consumer Sentiment Remains Downbeat: S&P Global

British households remained pessimistic about economic conditions and their financial wellbeing in July, survey data from S&P Global showed on Monday. The S&P Global consumer sentiment index rose slightly to 45.1 in July from 45.0 in June. However, the score below 50 signals deterioration.
RTTNews | 8h 44min ago
Yen Rises Amid Political Uncertainty After Japan Election

Yen Rises Amid Political Uncertainty After Japan Election

The Japanese yen strengthened against other major currencies in the European session on Monday, after Japan's ruling coalition lost its majority in the upper house, indicating the outcome was mostly priced in. Meanwhile, investors were prepared for market uncertainty ahead of a deadline on U.S. tariff discussions.
RTTNews | 8h 47min ago