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DAX Marginally Lower After PMI Data
(RTTNews) - German stocks were slightly lower on Tuesday amid growing Sino-U.S. tensions and no agreement in talks over a deal to raise the U.S. debt ceiling.
Meanwhile, German business activity expanded for a fourth month running in May as a services sector revival more than offset decline in manufacturing activity, in Europe's largest economy, a preliminary survey showed earlier today.
The HCOB German flash composite purchasing managers' index (PMI), compiled by S&P Global, rose to 54.3 in May from 54.2 in April - expanding at the fastest pace in over a year. Analysts were looking for a reading of 53.5.
The benchmark DAX was down 20 points, or 0.1 percent, at 16,204 after declining 0.3 percent in the previous session.
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European Economic News Preview: Eurozone Final Composite PMI Data Due
Final composite purchasing managers' survey results from the euro area and the UK are due on Wednesday, headlining a light day for the European economic news. At 3.15 am ET, S&P Global publishes Spain's composite and services PMI survey data. The services PMI is expected to fall to 54.4 in August from 55.1 in the previous month.
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37分钟前
European Shares Seen Up In Cautious Trade
European stocks are seen opening slightly higher on Wednesday as bond yields stabilized after a spike overnight and a federal judge ruled against breaking up Google, fueling optimism that tech giants will be able to weather regulatory threats.
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1小时14分钟前
Sensex, Nifty Marginally Higher In Early Trade
Indian shares were marginally higher on Wednesday despite rising oil prices and weak cues from global markets.
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2小时4分钟前
Australian Market Extends Early Losses In Mid-market
The Australian stock market is extending its early losses in mid-market moves on Wednesday, adding to the losses in the previous three sessions, with the benchmark S&P/ASX 200 falling well below the 8,900 level, following the broadly negative cues from Wall Street overnight, with weakness in financial and technology stocks partially offset by gains in mining stocks.
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2小时54分钟前
Asian Markets Trade Mixed
Asian stock markets are trading mixed on Wednesday, following the negative cues from Wall Street overnight, as traders remain cautious amid renewed uncertainty among various nations trading with the US, many of which have concluded tariff deals, after a US Appeals Court ruled that US President Donald Trump's "reciprocal tariffs" are illegal. Asian markets closed mixed on Tuesday.
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2小时57分钟前
Sensex, Nifty Set To Open Lower Amid Rising Global Bond Yields
Indian shares look set to open on a weak note on Wednesday, with trade tensions and caution ahead of the two-day Goods and Services Tax (GST) Council meeting, scheduled for Sept 3-4, likely to keep investors on edge.
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4小时28分钟前
Win Streak May End For Thai Stock Market
The Thai stock market has moved higher in back-to-back sessions, adding more than a dozen points or 1 percent in that span. The Stock Exchange of Thailand now sits just shy of the 1,250-point plateau although the rally may stall on Wednesday.
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4小时52分钟前
Japanese Market Modestly Lower
The Japanese stock market is trading modestly lower on Wednesday, reversing the gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 42,250 level, with weakness in index heavyweights, financial and technology stocks partially offset by gains in exporter stocks.
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5小时16分钟前
