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DAX Rallies On Dovish Fed Remarks
(RTTNews) - German stocks rose sharply on Tuesday as dovish comments from U.S. Federal Reserve policymakers outweighed concerns over the conflict in the Middle East.
The benchmark DAX rallied 245 points, or 1.6 percent, to 15,373 after losing 0.7 percent in the previous session.
Kontron AG, a maker of computer hardware and other technology products, jumped 6.4 percent after it has secured two design wins valued around 100 million euros from undisclosed parties.
Rheinmetall AG, an aerospace and defense company, added nearly 2 percent after it announced a further order from German Bundeswehr to supply over 150,000 rounds of artillery ammunition under a framework agreement.
The third call-off is worth in the mid-three-digit million-euro range.
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Euro Climbs Against Majors
The euro firmed against its major counterparts in the New York session on Thursday.
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14 phút trước
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.
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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.
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4h 11phút trước
Canadian Stocks Turning In Mixed Performance; TSX Down Marginally
After a positive start and a subsequent drop early on in the session, the Canadian market remains weak around early afternoon on Thursday, weighed down by losses in consumer staples, industrials and communications sectors.
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4h 45phút trước
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.
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7h 11phút trước
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.
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7h 22phút trước
Walgreen Co. Now Operating As Private Standalone Company Under Sycamore Partners
Independent retail pharmacy Walgreen Co. announced Thursday it is now operating as a private standalone company following the closure of the acquisition of Walgreens Boots Alliance, Inc. (WBA) by New York-based private equity firm Sycamore Partners.
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7h 33phút trước
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.
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7h 45phút trước
