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DAX Slips Ahead Of Key Inflation Data
(RTTNews) - German stocks slipped into the red on Friday as caution set in ahead of euro zone inflation data due out later in the day.
Germany, France and Italy all reported inflation data earlier this week, showing a further slowdown of prices in the region and bringing hopes of relief to consumers and governments.
Despite signs of easing, inflation in the euro zone remains a long, long way from the ECB's 2 percent target.
The benchmark DAX was down 35 points, or 0.2 percent, at 14,401 after declining 0.4 percent in the previous session.
Hugo Boss shares were little changed after Frasers Group, a British retail, sport and intellectual property group, issued an update regarding its investment in the German luxury fashion brand.
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India Holds Key Interest Rates Steady As Trade Tensions Escalate
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Media and entertainment major Walt Disney Co. (DIS) on Wednesday raised fiscal 2025 outlook for earnings.above the Street after reporting significantly higher profit in its third quarter, above market estimates. Meanwhile, revenues missed the market view, despite reporting a growth. Separately, Disney announced that its unit ESPN has signed a landmark rights agreement with WWE.
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Dynatrace Boosts FY26 Outlook - Update
While reporting financial results for the first quarter on Wednesday, software intelligence provider Dynatrace, Inc. (DT) provided its adjusted earnings and revenue guidance for the second quarter and raised its outlook for the full-year 2026.
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FTSE 100 Modestly Higher; Hiscox Soars 9%
U.K. stocks are turning in a mixed performance on Wednesday with investors digesting corporate earnings announcements, and continuing to assess the economic impact of the Trump administration's tariffs that are set to become effective this week.
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CAC 40 Up In Positive Territory In Cautious Trade
The French market is modestly higher on Wednesday with corporate earnings announcements providing some direction. Despite data showing a sharp drop in French construction sector activity, and fresh concerns about tariffs following U.S. President Donald Trump's fresh tariff threat, the mood is a bit positive amid hopes the Fed will cut interest rate next month.
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