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DAX Rises On Hopes Of ECB Rate Pause
(RTTNews) - German stocks advanced on Thursday as retreating U.S. Treasury yields weakened the dollar and boosted appetite for riskier assets.
Stellar earnings from chip maker Nvidia and increasing prospects of the European Central Bank keeping rates unchanged in September also underpinned sentiment.
The benchmark DAX was up 104 points, or 0.7 percent, at 15,833 after edging up 0.2 percent in the previous session.
Fielmann added 1.5 percent. The eyewear and hearing aid company backed its FY23 outlook after posting a higher net profit for the second quarter.
CTS Eventim, which specializes in event organization, rose nearly 2 percent after reporting a rise in first-half normalized EBITDA and revenue.
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Canadian Dollar Falls Against Most Majors
The Canadian dollar dropped against its most major counterparts in the New York session on Friday.
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17h 55min ago
Canadian Market Modestly Higher; Technology Stocks Among Notable Gainers
The Canadian market is up in positive territory Friday afternoon with investors largely reacting to quarterly earnings announcements, and the nation's jobs data, in addition to weighing the impact of tariffs on global economic growth.
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20h 16min ago
Swiss Market Ends Marginally Up
The Switzerland market ended marginally up on Friday despite exhibiting weakness for much of the time past noon. Investors continued to react to earnings and assess the economic impact of reciprocal tariffs, and stayed largely cautious with their moves.
A report showing a drop in Swiss consumer confidence in the month of July hurt sentiment.
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20h 51min ago
Major European Markets Close On Mixed Note
Major European markets turned in a mixed performance on Friday with investors largely staying cautious, assessing the impact of tariffs on global economic growth, and continuing to digest corporate earnings announcements and other data.
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21h 15min ago
Positive Start Seen For Canadian Stocks
Canadian stocks may edge up a bit in early trades Friday morning with some encouraging earnings announcements and firm commodity prices aiding sentiment.
Investors will also be reacting to the data showing a 41,000 jobs drop in Canadian employment in the month of July. Data from Statistics Canada also showed that the unemployment rate in Canada came in unchanged at 6.9%.
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1 day ago
UK Market Roughly Flat; Mining Stocks Move Higher
Amid a lack of economic and earnings data, U.K. stocks are moving in a tight range in somewhat lackluster trade on Friday. Investors are assessing the potential impact of the Trump administration's reciprocal tariffs on global economic growth. Optimism about a rate cut by the Fed next month is aiding sentiment a bit.
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1 day ago
CAC 40 Climbs Higher For 3rd Straight Day
French stocks are modestly higher on Friday, extending gains to a third straight session, with mostly encouraging corporate earnings announcements aiding sentiment.
Concerns about the potential impact of Trump's reciprocal tariffs limit market's upside a bit.
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1 day ago
Sensex Plunges 765 Points On Tariff Worries; Nifty Ends Below 24,400
Indian shares fell sharply on Friday amid concerns that steep 50 percent U.S. tariffs on Indian goods may hut the country's manufacture push and slow economic growth.
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1 day ago
