DAX Extends Losses On Growth Worries

RTTNews | hace 955
DAX Extends Losses On Growth Worries

(RTTNews) - German stocks fell on Friday to extend losses from the previous session as investors fretted over slowing growth and hawkish central banks.

A survey showed earlier today that the downturn in German business activity deepened in September as a result of higher energy costs.

S&P Global's flash composite Purchasing Managers' Index (PMI), which tracks both the manufacturing and services sectors, dropped to 45.9 in September from a final reading of 46.9 in August.

The benchmark DAX was down 75 points, or 0.6 percent, at 12,456 after losing 1.8 percent the previous day.

Banks led losses, with Commerzbank and Deutsche Bank falling 1-2 percent after reports that Swiss bank Credit Suisse is sounding out investors for fresh cash.

read more
CAC Down 0.6% In Cautious Trade

CAC Down 0.6% In Cautious Trade

French stocks are moving in a tight range on Monday, with the mood turning a bit cautious after recent gains amid easing concerns about trade tensions. Investors also appear to be taking some profits, while waiting for fresh developments on the trade front, and awaiting policy announcements from the Federal Reserve and the Bank of England.
RTTNews | hace 1h 38min
DAX Extending Recent Gains

DAX Extending Recent Gains

German stocks are up in positive territory on Monday, gaining for a ninth straight session, as investors continue to react to corporate earnings, and monitor developments on the trade front. Markets also await the monetary policy announcements from the Federal Reserve and the Bank of England, due later in the week.
RTTNews | hace 2h 2min
Tomatoes Supplied By H&C Farms In 14 States Recalled For Salmonella Concern

Tomatoes Supplied By H&C Farms In 14 States Recalled For Salmonella Concern

The U.S. Food and Drug Administration has announced the recalls of Vine Ripe Tomatoes in 14 states, supplied by Hanshaw & Capling or H&C Farms, and repacked and sold by various companies, citing the potential to be contaminated with Salmonella, a bacteria that causes the foodborne illness salmonellosis. Immokalee, Florida -based H&C Farms initiated the recall due to the possible presence...
RTTNews | hace 2h 13min
Asian Shares Mixed In Thin Holiday Trade

Asian Shares Mixed In Thin Holiday Trade

Asian stocks ended mixed in thin trade on Monday after U.S. President Donald Trump said he had no plans to talk to his Chinese counterpart this week.
RTTNews | hace 4h 8min