DAX Tumbles On Disappointing Earnings

DAX Down Nearly 0.9% As U.S. Debt Concerns Weigh

German stocks are down in negative territory on Thursday, weighed down by concerns about U.S. debt, mixed economic data, and uncertainty surrounding tariffs. A sell-off in U.S. Treasuries amid deficit fears due to stalled budget bill negotiations hurts as well.

RTTNews | 42 minutes ago

Sensex, Nifty Decline On US Fiscal Deficit Concerns

Indian shares fell sharply on Thursday as a deteriorating U.S. fiscal outlook and poor response to the 20-year bond auction led to a spike in bond yields.

RTTNews | 1h 20min ago

Walmart To Cut 1,500 Corporate Jobs In Cost-cutting Efforts

Amid a challenging retail environment, due to fierce competition along with ongoing tariff issues, retail behemoth Walmart Inc. is planning to cut around 1,500 corporate jobs in the United States as part of its restructuring, media reported citing a memo. The multinational chain of hypermarkets, discount department stores, and grocery stores' efforts to simplify its operations...

RTTNews | 1h 36min ago

German Ifo Business Sentiment Strengthens; Composite PMI Falls

German business confidence strengthened in May as companies became less concerned about uncertainties regarding trade tariffs, a closely watched survey showed Thursday. The Purchasing Managers' survey compiled by S&P Global today showed that the German private sector activity contracted the most in five months in May due to a deepening downturn in the service sector.

RTTNews | 1h 38min ago

European Shares Drift Lower With US Debt Concerns, PMI Data In Focus

European stocks traded lower on Thursday as investors reacted to a U.S. Treasury sell-off, mixed regional data and some disappointing earnings.

RTTNews | 2h 31min ago

Indian Rupee Falls To Near 1-1/2-month Low Against U.S. Dollar

The Indian rupee weakened against the U.S. dollar in the European session on Thursday.

RTTNews | 2h 34min ago

Asian Shares Follow Wall Street Lower As Treasury Yields Spike

Asian stocks followed Wall Street lower on Thursday after longer-dated U.S. Treasury yields hit their highest in 18 months on concerns that a new budget proposal could swell the country's federal deficit.

RTTNews | 3h 1min ago

Antipodean Currencies Fall, Yen Gains Amid Risk-off Sentiment

The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Thursday on increased risk-off sentiment, following the broadly negative cues from Wall Street overnight, amid rising treasury yields on concerns about the fiscal impact of a new U.S. tax bill on the country's deficit. The lack of clear progress on new trade deals is also weighing on the markets.

RTTNews | 5h 39min ago

EURUSD	1.1308	GBPUSD	1.34129	AUDUSD	0.64242
USDJPY	143.601	USDCAD	1.38664	USDCHF	0.82637

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DAX Tumbles On Disappointing Earnings