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DAX Slips On Hawkish Fed
(RTTNews) - German stocks traded lower on Friday after Federal Reserve Chair Jerome Powell said the U.S. central bank might raise rates again if deemed appropriate.
A jump in U.S. bond yields following a weak Treasury auction also dented rate cut hopes. The benchmark DAX was down 70 points, or half a percent, at 15,282 after rising 0.8 percent in the previous session.
IT company Bechtle plunged 5.6 percent despite reporting higher earnings and revenue for the third quarter.
Insurer Allianz jumped more than 3 percent after confirming its 2023 operating profit target.
United Internet AG shares rose about 1 percent. The telecom firm has revised up its EBITDA outlook for the full year while reiterating sales guidance.
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New York Manufacturing Index Unexpectedly Increases In August
The Federal Reserve Bank of New York released a report on Friday showing regional manufacturing activity unexpectedly grew at a faster rate in the month of August.
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12 phút trước
U.S. Import Prices Rise More Than Expected In July
The Labor Department released a report on Friday showing import prices in the U.S. increased by more than expected in the month of July.
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16 phút trước
U.S. Retail Sales Climb In Line With Estimates In July
A report released by the Commerce Department on Friday showed retail sales in the U.S. increased in line with economist estimates in the month of July.
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21 phút trước
Bay Street Likely To Open Flat
Canadian shares may open somewhat flat on Friday, and the focus is on the upcoming meeting between U.S. President Donald Trump and Russian President Vladimir Putin, set to take place in Alaska later in the day.
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45 phút trước
Taiwan Raises Growth Outlook
Taiwan's economy is expected to grow more than previously estimated this year on robust foreign demand for artificial intelligence and emerging technology applications. The economy is projected to expand 4.45 percent this year, which was revised up from 3.1 percent estimated earlier, the Directorate General of Budget, Accounting & Statistics said Friday.
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51 phút trước
FTSE 100 Up Marginally; Miners Move Higher
U.K. stocks are gaining for a fifth straight session, with mining and energy stocks faring well on Friday. Hopes that the economic impact of Trump administration's tariff moves will not any significantly hurt British economic growth.
Expectations that the Trump - Putin summit later in the day will help end the war in Ukraine also contribute to the slightly positive mood in the market.
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1h 49phút trước
Yen Rises As Japan Economy Expands In Q2
The Japanese yen strengthened against other major currencies in the Asian session on Friday, after Japan's gross domestic product expanded on quarter in the second quarter of 2025.
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1h 59phút trước
CAC 40 Up Nearly 1%
French stocks gaining some ground in positive territory on Friday, continuing their upmove for the fourth consecutive session and expectations the meeting between U.S. President Donald Trump and Russian President Vladimir Putin will help bring about an end to the ongoing war in Ukraine.
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2h 54phút trước
