DAX Gains Ahead Of US Inflation Data

RTTNews | 830 dias atrás
Stocktwits
DAX Gains Ahead Of US Inflation Data

(RTTNews) - German stocks traded higher on Thursday, with the latest batch of corporate earnings and upcoming U.S. inflation data in focus.

The benchmark DAX was up 0.6 percent at 15,951 after gaining half a percent the previous day.

Engineering group Siemens plunged 5.4 percent after missing profit forecasts in its latest quarter.

Industrial conglomerate Thyssenkrupp rallied 3.9 percent after saying it was now targeting the upper end of its operating profit outlook range in 2023.

Insurer Allianz climbed 3.3 percent after it posted a better-than-expected 18 percent rise in second-quarter net profit.

Hapag Lloyd fell nearly 3 percent. The container shipper posted a 67 percent fall in first-half profit.

Biopharmaceutical group MorphoSys dropped 1 percent after it revealed a loss for the second quarter.

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EU Upgrades Eurozone 2025 Growth Outlook Despite Challenges

EU Upgrades Eurozone 2025 Growth Outlook Despite Challenges

The European Commission said the euro area economy is set to grow more than projected in spring this year driven by a surge in exports ahead of anticipated tariff increases and higher investment in equipment and intangible assets. In the Autumn Forecast released on Monday, the EU raised its economic growth outlook for the current year to 1.3 percent from 0.9 percent.
RTTNews | 1 h 45 min atrás
Bay Street Likely To See Mixed Start

Bay Street Likely To See Mixed Start

Canadian stocks are likely to open on a mixed note on Monday, tracking the trend in European markets and commodity prices. Canadian inflation data, due this morning, could significantly impact the mood. Investors will also be looking ahead to some crucial economic data this week.
RTTNews | 1 h 52 min atrás
FTSE 100 Drifts Lower In Cautious Trade; WPP Rises Sharply

FTSE 100 Drifts Lower In Cautious Trade; WPP Rises Sharply

U.K. stocks are turning in a mixed performance in cautious trade on Monday as investors await fresh economic data for directional clues. Worries about AI bubble and uncertainty about upcoming policy moves of major central banks, including the Federal Reserve, also contribute to the cautious mood in the market.
RTTNews | 2 h 23 min atrás
CAC 40 Modestly Lower

CAC 40 Modestly Lower

French stocks are languishing in negative territory a little past noon on Monday with investors largely making cautious moves amid lingering concerns about Artificial Intelligence bubble, and a bit of uncertainty about the Federal Reserve's upcoming policy move.
RTTNews | 2 h 55 min atrás
Walmart's Black Friday Deals To Be Available On Nov. 25 To Nov. 30

Walmart's Black Friday Deals To Be Available On Nov. 25 To Nov. 30

With the holiday season nearing soon, retail behemoth Walmart, Inc. has unveiled thousands of Black Friday and Cyber Monday deals, promising bigger savings. The retailer's new Black Friday Deals are available starting November 25 to November 30, and exclusive Cyber Monday steals are dropping December 1. The Black Friday event starts online on Tuesday, November 25 at 12 a.m. ET...
RTTNews | 3 h 32 min atrás
Indian Shares End Higher Despite Weak Global Cues

Indian Shares End Higher Despite Weak Global Cues

Indian shares eked out modest gains on Monday, with underlying sentiment supported by a resounding victory for the BJP-led NDA in the Bihar elections and optimism surrounding a potential India-U.S. trade deal.
RTTNews | 4 h 19 min atrás
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