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DAX Marginally Lower After PMI Data
(RTTNews) - German stocks were slightly lower on Tuesday amid growing Sino-U.S. tensions and no agreement in talks over a deal to raise the U.S. debt ceiling.
Meanwhile, German business activity expanded for a fourth month running in May as a services sector revival more than offset decline in manufacturing activity, in Europe's largest economy, a preliminary survey showed earlier today.
The HCOB German flash composite purchasing managers' index (PMI), compiled by S&P Global, rose to 54.3 in May from 54.2 in April - expanding at the fastest pace in over a year. Analysts were looking for a reading of 53.5.
The benchmark DAX was down 20 points, or 0.1 percent, at 16,204 after declining 0.3 percent in the previous session.
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European Stocks Close Higher On Bargain Hunting, Fairly Positive Economic Data
European stocks closed broadly higher on Wednesday as slightly encouraging data on private sector activity in the region aided sentiment. Bargain hunting at several counters after Tuesday's decline helped as well in pushing up prices.
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17 минут назад
Consumer Staples, Materials Stocks Rise As TSX Hits New Record High
The Canadian market is up in positive territory a little past noon on Wednesday, thanks to strong gains in consumer staples, materials and technology sectors. Energy and healthcare stocks are weak, while shares from rest of the sectors are turning in a mixed performance.
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1ч 10мин назад
U.S. Job Openings Fall To Ten-Month Low In July
Job openings in the U.S. fell to their lowest level in ten months in July, according to a report released by the Labor Department on Wednesday. The Labor Department said job openings dipped to 7.181 million in July after tumbling to a downwardly revised 7.357 million in June.
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2ч 23мин назад
U.S. Factory Orders Slump Roughly In Line With Estimates In July
A report released by the Commerce Department on Wednesday showed an extended slump by new orders for U.S. manufactured goods in the month of July. The Commerce Department said factory orders fell by 1.3 percent in July after plunging by 4.8 percent in June. Economists had expected factory orders to decrease by 1.4 percent.
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3ч 30мин назад
Eurozone Private Sector Growth At 1-Year High
The euro area private sector expanded at the fastest pace in a year in August but the overall pace was sluggish as the service sector held back growth, final survey data from S&P Global showed on Wednesday. The HCOB composite output index rose to 51.0 in August from 50.9 in July. The score was slightly below the initial estimate of 51.1.
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4ч 45мин назад
Bay Street Likely To Open On Mixed Note
Canadian shares are likely to open on a somewhat mixed note on Wednesday, tracking commodity prices. With some crucial economic data, including jobs data from Canada and the U.S. due later in the week, the mood is likely to remain cautious.
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5ч 5мин назад
FTSE Up Nearly 0.6%; Miners Among Top Gainers
The U.K. market remains well placed in positive territory in early afternoon trades on Wednesday, coming back strongly after posting a notable loss in the previous session. Mining stocks are among the prominent gainers.
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5ч 53мин назад
CAC 40 Up Nearly 1%; Schneider Electric Rises Over 3.5%
French stocks are up firmly in positive territory on Wednesday, recovering strongly after suffering a setback in the previous session amid concerns over debt sustainability in major economies across Europe and Asia, and political uncertainty in France.
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6ч 31мин назад
