DAX Drifts Lower As Investors Await Outcome Of Sino-US Trade Talks

RTTNews | 38 dias atrás
DAX Drifts Lower As Investors Await Outcome Of Sino-US Trade Talks

(RTTNews) - German stocks are drifting lower on Tuesday as investors await the outcome of high-level U.S. - China trade talks in London. The negotiations, which commenced on Monday, have not yielded any positive news so far.

U.S. Commerce Secretary Howard Lutnik said talks are going well and are expected to go all day Tuesday.

The benchmark DAX was down 128.28 points or 0.61% at 24,045.51 a little while ago.

Rheinmetall is down by about 2.5%. Zalando, Commerzbank, SAP and Deutsche Telekom are down 1 to 1.6%.

Bayer, Munich RE, Heidelberg Materials, Deutsche Boerse and Merck are lower by 0.3 to 1%.

Porsche is rising more than 1%. Qiagen, BASF, BMW, Sartorius, E.ON, Mercedes-Benz, Brenntag and Fresenius Medical Care are down 0.5 to 0.9%.

The yield on Germany 5-year bond has dropped to 2.14%, declining marginally from the previous session.

read more
Swiss Market Ends On Positive Note

Swiss Market Ends On Positive Note

Despite a couple of setbacks during the day's session, the Switzerland market managed to close modestly higher on Friday thanks to a few frontline stocks finding good support towards the closing minutes.
RTTNews | 2 h 10 min atrás
European Stocks Close On Mixed Note

European Stocks Close On Mixed Note

Despite some fairly strong earnings updates, European stocks turned in a subdued performance on Friday on reports the U.S. President Donald Trump is looking to impose at least 15 to 20% tariffs on goods imported from the European Union irrespective even if a trade deal is arrived at.
RTTNews | 2 h 32 min atrás
TSX Retreats After Hitting New High

TSX Retreats After Hitting New High

The Canadian market is down in negative territory in early afternoon trades on Friday, with stocks from communications, industrials and consumer discretionary sectors under pressure. However, the downside is limited as tariff concerns have eased a bit on reports that trade talks between Canada and South American countries, including Brazil and Argentina are in advanced stages.
RTTNews | 3 h 23 min atrás
U.S. Consumer Sentiment Reaches Five-Month High In July

U.S. Consumer Sentiment Reaches Five-Month High In July

After reporting a substantial rebound by U.S. consumer sentiment in the previous month, the University of Michigan released a report on Friday showing a more modest improvement by consumer sentiment in the month of July. The University of Michigan said its consumer sentiment index climbed to 61.8 in July after surging to 60.7 in June. Economists had expected the index to rise to 61.5.
RTTNews | 5 h 34 min atrás
U.S. Housing Starts Rebound More Than Expected In June

U.S. Housing Starts Rebound More Than Expected In June

New residential construction in the U.S. rebounded by more than expected in the month of June, according to a report released by the Commerce Department on Friday. The Commerce Department said housing starts surged by 4.6 percent to an annual rate of 1.321 million in June after plunging by 9.7 percent to a revised rate of 1.263 million in May.
RTTNews | 6 h 33 min atrás