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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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TSX Hits New Record High, Stays Firm As Resources Stocks Shine
Canadian stocks are gaining ground in positive territory on Monday, rising for a third straight session, led by gains in materials and energy sectors thanks to firm commodity prices.
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Pred 1 h 33 min
Dollar Rises Amidst Mixed Jobs Data, Soft Inflation
The U.S. dollar remained broadly resilient during the week ended December 19 amidst a mixed update from the labor market and soft inflation readings from the U.S.
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Pred 5 h 31 min
Bay Street Likely To Extend Gains On Commodities Strength
Higher Canadian and U.S. index futures and firm commodity prices point to a positive start on Bay Street Monday morning.
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Pred 5 h 43 min
Major European Markets Largely Subdued In Thin Trading
The major European markets were subdued on Monday amid thin volumes with investors somewhat reluctant to make big moves ahead of upcoming Christmas holidays.
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Pred 6 h 26 min
FTSE 100 Slips Nearly 0.5%; Mining Stocks Move Up
U.K.'s benchmark index FTSE 100 slipped Monday morning, although gains in the mining sector limited its downside. Shares from utilities and healthcare sectors were under pressure.
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Pred 7 h 17 min
CAC 40 Down Nearly 0.5% In Cautious Trade
French stocks were largely subdued on Monday with traders seemingly staying away on the sidelines ahead of the upcoming Christmas holidays.
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Pred 7 h 39 min
Asian Stocks Track Wall Street Higher
Asian markets closed with strong gains on Monday, buoyed by Wall Street's tech-led rally on Friday.
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Pred 7 h 53 min
DAX Down Marginally Amid Lackluster Trade
German stocks turned in a mixed performance amid thin volumes Monday morning with investors largely refraining from making big moves ahead of upcoming Christmas holidays.
Easing concerns about AI spending and tech valuation, and optimism about Fed interest rate cuts next year aided sentiment, while geopolitical concerns and tensions in Venezuela and negotiations in Ukraine rendered the mood a bit
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Pred 8 h 2 min
