DAX Falls As US Tech Earnings Disappoint

RTTNews | Pred 921 dňami
DAX Falls As US Tech Earnings Disappoint

(RTTNews) - German stocks fell notably on Friday as investors reacted to disappointing earnings results from U.S. tech companies.

Amazon offered a gloomy view of its financial future and Apple signaled slower growth ahead while Intel announced lower-than-expected earnings guidance for the full fiscal.

The benchmark DAX was down 123 points, or 0.9 percent, at 13,088 after closing 0.1 percent higher the previous day.

Tech stocks fell, with Infineon Technologies falling more than 3 percent.

Porsche AG tumbled 3.2 percent despite the luxury carmaker reporting higher operating profit and sales in its first nine months of fiscal 2022. Further, the company confirmed its fiscal 2022 targets.

Volkswagen gave up nearly 3 percent after saying it expected deliveries to be around the same as last year.

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Sensex, Nifty Set To Drift Lower After Strike On Pakistan Terror Bases

Sensex, Nifty Set To Drift Lower After Strike On Pakistan Terror Bases

Indian shares look set to open lower on Wednesday after the Indian Armed Forces launched precision missile strikes under 'Operation Sindoor', targeting nine terrorist sites in Pakistan and Pakistan-occupied Kashmir (PoK) in a strong response to the brutal Pahalgam terror attack.
RTTNews | Pred 31 minútami
Japanese Market Slightly Lower

Japanese Market Slightly Lower

The Japanese stock market is trading slightly lower on Wednesday after opening in the green, snapping a seven-session winning streak, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 36,800 level, with weakness in exporters and automaker stocks partially offset by gains in technology and financial stocks.
RTTNews | Pred 1 h 39 min
Australian Market Slightly Higher

Australian Market Slightly Higher

Australian shares are trading slightly higher on Wednesday, recouping some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying below the 8,200 level, despite the broadly negative cues from Wall Street overnight, with gains across most sectors led by mining and financial stocks nearly offset by weakness in technology stocks.
RTTNews | Pred 2 h 2 min
U.S. Dollar Declines Against Majors

U.S. Dollar Declines Against Majors

The U.S. dollar fell against its major counterparts in the New York session on Tuesday, as investors awaited monetary policy decision from the Federal Reserve due on Wednesday.
RTTNews | Pred 7 h 17 min
Canadian Stocks Marginally Down In Cautious Trade

Canadian Stocks Marginally Down In Cautious Trade

Canadian stocks are turning in a mixed performance on Tuesday with investors largely refraining from making significant moves amid lingering concerns about tariffs and some weak earnings updates.
RTTNews | Pred 9 h 35 min
Swiss Market Ends Flat After Choppy Session

Swiss Market Ends Flat After Choppy Session

The Switzerland market closed slightly weak after a choppy ride on Tuesday as investors mostly stayed cautious, looking for fresh triggers. The Federal Reserve and the Bank of England are scheduled to announce their rate decisions on Wednesday and Thursday, respectively.
RTTNews | Pred 10 h 6 min
European Stocks Close Broadly Lower Ahead Of Key Policy Announcements

European Stocks Close Broadly Lower Ahead Of Key Policy Announcements

European stocks closed broadly lower on Tuesday with investors largely staying cautious, following political and geopolitical developments, digesting economic and earnings updates, and awaiting the monetary policy announcements from the Federal Reserve and the Bank of England, due later in the week.
RTTNews | Pred 10 h 22 min
UK Car Sales Drop 10.4% In April As Higher Taxes Hurt - SMMT

UK Car Sales Drop 10.4% In April As Higher Taxes Hurt - SMMT

New car registrations in the U.K. decreased in April mainly due to customers making purchases early to avoid higher taxes that came into effect at the start of the month, though electric car sales continued to increase, monthly data from the Society of Motor Manufacturers and Traders showed on Tuesday.
RTTNews | Pred 12 h 20 min