Advertisement
DAX Slips As Growth Worries Resurface
(RTTNews) - German stocks slipped on Tuesday as weak Chinese GDP data rekindled worries about slowing global growth.
The benchmark DAX was down 23 points, or 0.2 percent, at 15,111 after rising 0.3 percent in the previous session.
Nordex AG, a wind turbine maker, fell 1.6 percent after it posted a decline in order intake for its wind turbines the fourth-quarter and full-year, amidst a challenging market environment.
Luxury fashion brand Hugo Boss AG dropped 1.3 percent. The company said that its fourth-quarter preliminary sales grew 18 percent to 1.07 billion euros from last year's 905 million euros. Quarterly sales exceeded the 1 billion euros mark for the first time in its history.
read more
U.S. Dollar Higher On Trade Hopes
The U.S. dollar appreciated against its major counterparts in the New York session on Friday, as investors focused on developments on the trade front.
RTTNews
|
3g 46 minut temu
Swiss Market Ends On Firm Note On Upbeat Industrial Production Data
After a positive start and a subsequent rise to higher levels Friday morning, the Switzerland market remained firm despite paring some gains, and ended the day's session on a bright note.
Data showing a sharp jump in Swiss industrial production in the first-quarter aided sentiment.
RTTNews
|
5g 36 minut temu
European Stocks Close Week On Positive Note
European stocks closed higher on Friday thanks to easing trade tensions following the announcement of the U.S.-China deal earlier in the week, and reports that the EU bloc's talks with the U.S. for a reduction in tariffs are making positive progress.
RTTNews
|
5g 59 minut temu
Canadian Market Recovers After Weak Start; TSX Up Marginally
Canadian stocks are turning in a mixed performance a little past noon on Friday after recovering from an early setback. Investors appear to be making cautious moves after eight straight days of gains that saw the market climb to a new record high on Thursday.
RTTNews
|
6g 46 minut temu
U.S. Consumer Sentiment Unexpectedly Continues To Deteriorate In May
Consumer sentiment in the U.S. has unexpectedly continued to deteriorate in the month of May, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index dipped to 50.8 in May after slumping to 52.2 in April. Economists had expected the index to inch up to 53.4.
RTTNews
|
8g 53 minut temu
U.S. Import, Export Prices Unexpectedly Inch Higher In April
The Labor Department released a report on Friday unexpectedly showing modest increases by both U.S. import and export prices in the month of April. The report said import prices crept up by 0.1 percent in April after falling by a downwardly revised 0.4 percent in March.
RTTNews
|
8g 55 minut temu
U.S. Housing Starts Rebound Less Than Expected In April, Building Permits Pull Back Sharply
While the Commerce Department released a report on Friday showing a rebound by new residential construction in the U.S. in the month of April, the report also showed a substantial pullback by building permits during the month.
RTTNews
|
8g 59 minut temu
Eurozone Trade Surplus Surges On Exports To US
The euro area trade surplus grew strongly in March as exports to the U.S increased sharply ahead of the expected increase in trade tariffs. The trade balance showed a surplus of EUR 36.8 billion compared to a EUR 22.8 billion surplus in the same period last year, Eurostat reported Friday.
RTTNews
|
9g 45 minut temu
