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DAX Slips As Investors Await US Inflation Data
(RTTNews) - German stocks traded slightly lower on Monday as investors digested mixed inflation data from China and awaited U.S. inflation data due later this week for directional cues.
The benchmark DAX was down 25 points, or 0.1 percent, at 18,748 after rising half a percent on Friday.
IT company Q.beyond rose 1.4 percent after narrowing its Q1 loss and confirming 2024 outlook.
Adesso SE slumped 4.5 percent. The IT services provider reported that its first-quarter consolidated loss was 3.30 million euros, compared to prior year's profit of 2.02 million euros.
Ceconomy added nearly 2 percent after the electronics retailer said it expects adjusted earnings for fiscal 2024 to be above analysts' expectations.
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Swiss Market Settles Marginally Up
The Switzerland market ended marginally up on Monday, despite struggling a bit early on in the session, and then for a few minutes in the final hour.
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1g 27 minut temu
European Stocks Close Mostly Lower After Cautious Session
European stocks closed mostly weak on Monday amid geopolitical tensions, and the Trump administration's announcement of sweeping changes to the H-1B visa regime. Profit warnings by a few major auto companies weighed as well.
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1g 53 minut temu
TSX Hits New High, Up Nearly 0.5%; Materials Stocks Rally Again
After moving to a new record high thanks to strong buying in the materials sector, the Canadian market remains fairly well placed in positive territory a little past noon on Monday.
Amid geopolitical tensions and rising bets on more monetary easing by the Federal Reserve this year, gold and silver prices have risen sharply today, triggering hectic buying in the materials sector.
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3g 5 minut temu
Kirkland Signature Ahi Tuna Wasabi Poke Sold At Costco Recalled
Western United Fish Co., dba Annasea Foods Group, is recalling around 3,300 pounds of Kirkland Signature Ahi Tuna Wasabi Poke sold at Costco stores due to potential contamination with Listeria monocytogenes, according to the U.S. Food and Drug Administration.
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6g 54 minut temu
Bay Street Looks Headed For Positive Start
Canadian stocks look headed for a positive start Monday morning, with rising bullion prices and rate cut bets set to lift sentiment.
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7g 2 minut temu
China's BYD Stock Down On Reports Of Warren Buffett's Berkshire Hathaway Sells Out Stake
Warren Buffett's Berkshire Hathaway Inc. has sold out its entire stake in Chinese automaker BYD Co. Ltd., as per a filing with the U.S. Securities and Exchange Commission. In Hong Kong, BYD shares fell 2.3 percent after reports of Berkshire Hathaway offloading all its stake in the Chinese electric-vehicle maker.
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7g 26 minut temu
FTSE 100 Up Marginally; Miners In Demand
The U.K. stock market is somewhat subdued on Monday with investors mostly staying cautious, looking ahead to reports on manufacturing and services sector activity from major economies for directional clues. A key reading on U.S. inflation is also due this week.
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7g 52 minut temu
CAC 40 Modestly Lower In Cautious Trade
French stocks are modestly lower on Monday with investors making cautious moves, looking ahead to the data on manufacturing and services sector activity in major European economies, and a key U.S. inflation reading this week.
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8g 24 minut temu
