DAX Edges Up As Consumer Confidence Improves

RTTNews | 548 ngày trước
DAX Edges Up As Consumer Confidence Improves

(RTTNews) - German stocks edged up slightly on Tuesday after survey results from market research group GfK showed consumer confidence in Germany is set to improve slightly in March.

The forward-looking consumer sentiment index rose to -29.0 in March from -29.6 in February. The score matched economists' expectations.

The benchmark DAX was up37 points, or 0.2 percent, at 17,460 after finishing marginally higher the previous day.

In corporate news, reinsurance provider Munich Re rose 0.6 percent after saying it anticipates positive conditions continuing through the April and July renewals.

Schaeffler AG gained 1 percent after announcing plans to build a new facility for e-mobility solutions in the U.S.

PUMA added 1.6 percent. The sportswear firm expects a soft first half of 2024, but nevertheless stuck to the annual targets it gave in January.

read more
Swiss Market Ends Marginally Up

Swiss Market Ends Marginally Up

The Switzerland market ended marginally up on Thursday after a choppy ride as stocks swung between gains and losses right through the day's trading session.
RTTNews | 2h 29phút trước
European Stocks Close Weak

European Stocks Close Weak

European stocks closed lower on Thursday as the mood remained largely cautious with investors closely following geopolitical news, digesting tech giant Nvidia's earnings, and some crucial economic data from the U.S.
RTTNews | 2h 49phút trước
U.S. Pending Home Sales Fall More Than Expected In July

U.S. Pending Home Sales Fall More Than Expected In July

A report released by the National Association of Realtors on Thursday showed pending home sales in the U.S. fell by more than expected in the month of July. NAR said its pending home sales index decreased by 0.4 percent to 71.7 in July after sliding by 0.8 percent to 72.0 in June. Economists had expected pending home sales to edge down by 0.1 percent.
RTTNews | 5h 49phút trước
Eurozone Economic Confidence Weakens In August

Eurozone Economic Confidence Weakens In August

Eurozone economic sentiment softened unexpectedly in August as only industry and retail trade showed improvements, survey results from the European Commission showed Thursday. The economic sentiment indicator slid to 95.2 in August from a revised 95.7 in the previous month. The score was forecast rise to 96.0.
RTTNews | 6h 0phút trước
U.S. Economy Surges More Than Previously Estimated In Q2

U.S. Economy Surges More Than Previously Estimated In Q2

The U.S. economy grew by more than previously estimated in the second quarter of 2025, according to revised data released by the Commerce Department on Thursday. The report said real gross domestic product shot up by 3.3 percent in the second quarter compared to the previously reported 3.0 percent surge. Economists had expected the jump in GDP to be upwardly revised to 3.1 percent.
RTTNews | 6h 22phút trước
U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates

U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates

A report released by the Labor Department on Thursday showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 23rd. The Labor Department said initial jobless claims dipped to 229,000, a decrease of 5,000 from the previous week's revised level of 234,000. Economists had expected jobless claims to slip to 230,000.
RTTNews | 6h 29phút trước