Advertisement
DAX Rises As US Futures Gain
(RTTNews) - German stocks advanced on Tuesday as investors waited for U.S. markets to resume trading after a holiday the previous day.
U.S. stock futures pointed to a sharply higher open later in the day, helping underpin sentiment ahead of Fed Chair Jerome Powell's testimony before Congress over two days. The benchmark DAX jumped 150 points, or 1.1 percent, to 13,415 after climbing 1.1 percent the previous day.
Nordex AG, a wind turbine maker, fell over 2 percent after its first-quarter consolidated net loss stood at 150.5 million euros, wider than prior year's loss of 54.7 million euros.
Mercedes-Benz Group AG gained 2.3 percent after it appointed Paul Gao to the newly created position of Chief Strategy Officer, effective July 1, 2022.
read more
TSX Drops To 5-week Low, Set To End Weak For 6th Straight Day
anadian stock market's benchmark S&P/TSX Composite Index fell to five-week low on Thursday, weighed down by concerns about inflation as oil prices continued to surge and bond yields climbed higher.
RTTNews
|
2h 39min ago
Swiss Market Ends On Weak Note After Choppy Ride
Swiss stocks swung between gains and losses on Thursday as investors stayed largely cautious. Higher oil prices and concerns about geopolitical tensions weighed.
RTTNews
|
3h 0min ago
Oil Surge, ECB Rate Hike Weigh On European Market Sentiment
European equities declined Thursday as the European Central Bank raised interest rates by 25 basis points to 2.5% and increased inflation forecasts. Brent crude surged over 5.5% to $107 per barrel, amplifying inflation concerns across the continent.
RTTNews
|
3h 27min ago
U.S. Wholesale Inventories Jump 1.3% In July, In Line With Estimates
The Commerce Department released a report on Thursday showing a sharp increase in wholesale inventories in the U.S. in the month of July.
RTTNews
|
4h 48min ago
ECB Raises Deposit Rate To 2.50% Amid Inflation Fears
The European Central Bank raised interest rates on Thursday, as expected, prompted by the fears of an inflation shock as energy prices surge amid the recent escalation of the Iran war.
RTTNews
|
6h 8min ago
U.S. Existing Home Sales Drop Below 4.0 Mln For First Time Since June 2025
A report released by the National Association of Realtors on Thursday showed an extended slump by existing home sales in the U.S. in the month of August. NAR said existing home sales dove by 2.0 percent to an annual rate of 3.98 million in August after tumbling by 1.7 percent to an annual rate of 4.06 million in July.
RTTNews
|
6h 12min ago
U.S. Producer Prices Increase 0.4% In August, In Line With Estimates
Producer prices in the U.S. increased in line with economist estimates in the month of August, the Labor Department revealed in a report released on Thursday. The Labor Department said its producer price index for final demand rose by 0.4 percent in August following a revised 0.1 percent uptick in July.
RTTNews
|
6h 34min ago
U.S. Jobless Claims Unexpectedly Edge Down To 206,000
The Labor Department released a report on Thursday unexpectedly showing a slight dip in first-time claims for U.S. unemployment benefits in the week ended September 5th. The report said initial jobless claims edged down to 206,000, a decrease of 1,000 from the previous week's revised level of 207,000.
RTTNews
|
6h 55min ago
