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DAX Extends Gains Ahead Of US Jobs Data

RTTNews | 712天前

DAX Extends Gains Ahead Of US Jobs Data

(RTTNews) - German stocks rose on Friday to extend gains from the previous session as the U.S. pulled back from the brink of default and comments from a Federal Reserve official suggested a pause in interest rate hikes at the June policy meeting.

The dollar extended slide while Treasury yields held steady ahead of the all-important U.S. jobs data due later in the day.

The benchmark DAX was up 127 points, or 0.8 percent, at 15,981 after rallying 1.2 percent in the previous session.

Sportswear maker Puma jumped nearly 4 percent and peer Adidas rallied 3.5 percent after U.S. retailer Lululemon Athletica posted strong results for its latest quarter and raised its annual sales and profit forecasts.

ProSiebenSat.1 climbed 2.3 percent after Czech investment group PPF raised its stake in the media group.

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Pound Falls Against U.S. Dollar, Euro

Pound Falls Against U.S. Dollar, Euro

The pound dropped against the U.S. dollar and the euro in the New York session on Wednesday.

RTTNews | 18分钟前

E.ON Confirms Outlook After Higher Q1 Adj. Earnings

E.ON Confirms Outlook After Higher Q1 Adj. Earnings

German utility E.ON SE reported Wednesday a significant increase in its first-quarter adjusted earnings and Group EBITDA with growth in all three core segments. Further, the firm affirmed its guidance for 2025 and its outlook through 2028. On the XETRA in Germany, E.ON shares were gaining around 1.36 percent.

RTTNews | 5小时34分钟前

Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the European session on Wednesday.

RTTNews | 7小时58分钟前

FTSE 100 Flat As Stocks Move In Tight Range

FTSE 100 Flat As Stocks Move In Tight Range

U.K. stocks are mostly subdued in lackluster trade on Wednesday as investors react to a mixed batch of earnings announcements, and await more economic data from the U.S., and clarity about Trump administration's stance on tariffs with regard to European countries.

RTTNews | 8小时33分钟前

CAC 40 Down 0.66%; Bouygues Rises Sharply On Earnings

CAC 40 Down 0.66%; Bouygues Rises Sharply On Earnings

French stocks are exhibiting weakness on Wednesday, snapping a four-session winning streak, as investors focus on earnings and other corporate news, and await more economic data for directional clues. Some profit taking is also contributing to market's weakness.

RTTNews | 8小时53分钟前

Sensex, Nifty End Choppy Session Modestly Higher

Sensex, Nifty End Choppy Session Modestly Higher

Indian shares ended modestly higher on Wednesday as signs of easing retail inflation sparked hopes for more rate cuts from the Reserve Bank of India in coming months.

RTTNews | 8小时59分钟前

DAX Drifts Lower In Cautious Trade; Brenntag Down Sharply On Lower Earnings

DAX Drifts Lower In Cautious Trade; Brenntag Down Sharply On Lower Earnings

German stocks are down in negative territory on Wednesday with investors mostly making cautious moves after recent gains in the wake of the U.S. and China striking a trade deal, and somewhat soft U.S. consumer price inflation data.

RTTNews | 9小时16分钟前

European Shares Drift Lower In Lackluster Trade

European Shares Drift Lower In Lackluster Trade

European stocks were slightly lower in cautious trade on Wednesday while the dollar extended losses as benign U.S. inflation data prompted traders to pare back Fed rate cut bets for this year.

RTTNews | 10小时8分钟前

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