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DAX Edges Lower On Interest-rate Concerns

RTTNews | 829 dagar sedan

DAX Edges Lower On Interest-rate Concerns

(RTTNews) - German stocks edged lower on Tuesday as investors fretted about the impact of higher interest rates on economic growth.

The benchmark DAX was down 48 points, or 0.3 percent, at 15,298 after losing 0.8 percent in the previous session.

Software provider TeamViewer soared 13 percent after it launched a share buyback and announced it is eyeing double digit growth in 2023.

Drug discovery and development firm Evotec SE fell 1.5 percent after its Supervisory Board appointed Laetitia Rouxel as new Chief Financial Officer and member of the Management Board effective 1 April 2023.

Siemens Energy declined 2.4 percent after its first-quarter net loss more than doubled.

Asian stocks ended mixed earlier today while U.S. equity futures fluctuated ahead of Fed Chair's Jerome Powell's speech due later in the day.

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Eurozone Trade Surplus Surges On Exports To US

Eurozone Trade Surplus Surges On Exports To US

The euro area trade surplus grew strongly in March as exports to the U.S increased sharply ahead of the expected increase in trade tariffs. The trade balance showed a surplus of EUR 36.8 billion compared to a EUR 22.8 billion surplus in the same period last year, Eurostat reported Friday.

RTTNews | 25 minuter sedan

Richemont Shares Gain On Higher FY25 Results, Dividend Hike

Richemont Shares Gain On Higher FY25 Results, Dividend Hike

Shares of Richemont SA were gaining around 6 percent in the Swiss trading after the Cartier owner reported higher net profit and sales in its fiscal 2025 on strong Jewellery performance. Meanwhile, earnings from continuing operations was lower than last year amid weak China results. Further, the luxury goods firm declared higher dividend.

RTTNews | 31 minuter sedan

U.S. Import, Export Prices Unexpectedly Inch Up 0.1% In April

U.S. Import, Export Prices Unexpectedly Inch Up 0.1% In April

The Labor Department released a report on Friday unexpectedly showing modest increases by U.S. import and export prices in the month of April.

RTTNews | 1h 11minuter sedan

EU Seeks Public Feedback On Microsoft's Proposed Changes To Teams In Antitrust Probe

EU Seeks Public Feedback On Microsoft's Proposed Changes To Teams In Antitrust Probe

The European Commission has invited public response regarding Microsoft Corp.'s offers to address competition concerns related to Teams. In a statement, the EU agency noted that the tech major has offered commitments, among others, to sell its Office product without communication and collaboration product Teams at a lower price than Office with Teams.

RTTNews | 1h 14minuter sedan

Bay Street Likely To Extend Gains

Bay Street Likely To Extend Gains

Canadian shares are likely to extend recent gains as the mood is likely to remain positive Friday morning amid easing tensions about tariffs.

RTTNews | 1h 16minuter sedan

U.S. Housing Starts Rebound In April But Building Permits Pull Back Sharply

U.S. Housing Starts Rebound In April But Building Permits Pull Back Sharply

While the Commerce Department released a report on Friday showing a rebound by new residential construction in the U.S. in the month of April, the report also showed a substantial pullback by building permits during the month.

RTTNews | 1h 19minuter sedan

FTSE 100 Advances Again

FTSE 100 Advances Again

U.K. stocks are moving higher on Friday as investors continue to cheer the recent tariff agreement between U.S. and China, and news about a positive progress in talks between the EU bloc and U.S. for lowering the tariffs from earlier proposed levels.

RTTNews | 3h 16minuter sedan

Sensex, Nifty End Modestly Lower In Cautious Trade

Sensex, Nifty End Modestly Lower In Cautious Trade

Indian shares ended modestly lower on Friday but logged strong gains for the week, fueled by easing trade and geopolitical tensions.

RTTNews | 3h 38minuter sedan

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