DAX Rallies On Optimism Fed Is Done With Rate Hikes

RTTNews | 583 gün önce
DAX Rallies On Optimism Fed Is Done With Rate Hikes

(RTTNews) - German stocks rallied on Thursday after the U.S. Federal Reserve left interest rates unchanged and hinted at halting further interest rate hikes.

The benchmark DAX was up 85 points, or 1.2 percent, at 7,018 after gaining 0.8 percent the previous day.

Online fashion retailer Zalando rose 1.1 percent after narrowing its Q3 net loss. Fresenius Medical Care rose about half a percent after raising its FY operating income outlook. Hugo Boss jumped 4 percent. The fashion house confirmed its FY23 outlook after delivering Q3 sales in line with expectations.

Airline Lufthansa surged 6.4 percent after reporting higher Q3 profit and confirming the outlook for FY23 and FY24.

Klockner added 1.5 percent. The steel and metal distributing company said its U.S. subsidiary Kloeckner Metals Corp has agreed to acquire Industrial Manufacturing Services for an undisclosed amount.

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U.S. Dollar Higher After Strong Jobs Data

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RTTNews | 19s 34 dakika önce
Swiss Market Ends Modestly Higher

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RTTNews | 21s 6 dakika önce
European Markets Close Higher

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RTTNews | 21s 32 dakika önce
CPSC Recalls: 3.8 Mln Dumbbells, 1.7 Mln Air Conditioners, Golf Cars, CO Detectors, Casters, E-Bikes

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RTTNews | 22s 9 dakika önce
TSX Pares Some Gains After Hitting Fresh Record High

TSX Pares Some Gains After Hitting Fresh Record High

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RTTNews | 23s 9 dakika önce
U.S. Job Growth Slightly Exceeds Estimates In May

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Employment in the U.S. increased by slightly more than expected in the month of May, according to a report released by the Labor Department on Friday. The Labor Department said non-farm payroll employment shot up by 139,000 jobs in May after jumping by a downwardly revised 147,000 jobs in April.
RTTNews | 1 gün önce
Bay Street May Open Slightly Higher; U.S., Canadian Jobs Data In Focus

Bay Street May Open Slightly Higher; U.S., Canadian Jobs Data In Focus

Higher Canadian and U.S. futures point to a slightly positive start on Bay Street Friday morning. The focus is on the crucial jobs data from Canada as well as the U.S. Lingering concerns about trade tensions may weigh on sentiment and limit market's upside.
RTTNews | 1 gün önce