DAX Slightly Higher In Cautious Trade

RTTNews | 1042 hari yang lalu
DAX Slightly Higher In Cautious Trade

(RTTNews) - German stocks traded slightly higher on Wednesday after Israel and Hamas agreed to a four-day truce that would see the Palestinian group release dozens of hostages taken on October 7.

Nvidia's outlook beat expectations, though the chipmaker predicted decline in sales to China.

The benchmark DAX was up 43 points, or 0.3 percent, at 15,943 after finishing marginally lower the previous day.

Fresenius Medical Care rose about 2 percent after raising its annual earnings outlook.

Also, the world's leading provider of products and services for individuals with renal diseases has resolved a legal dispute with the U.S. government.

Thyssenkrupp jumped over 7 percent. After reporting fiscal 2023 net loss of 2.0 billion euros, the industrial engineering and steel company said it sees profit and higher sales in RY24.

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U.S. Consumer Confidence Index Unexpectedly Slumps In September

U.S. Consumer Confidence Index Unexpectedly Slumps In September

A report released by the Conference Board on Tuesday unexpectedly showed a notable deterioration in U.S. consumer confidence in the month of September. The Conference Board said its consumer confidence index slumped to 81.9 in September from a downwardly revised 88.6 in August.
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Bay Street Likely To Open With Positive Bias

Bay Street Likely To Open With Positive Bias

Canadian stocks may open with a positive bias on Tuesday as oil shed early gains and slipped into negative territory, and gold prices edged higher. According to a flash estimate, the Canadian GDP is expected to have expanded by 0.2% from the previous month in August.
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Eurozone Economic Sentiment Weakens

Eurozone Economic Sentiment Weakens

Eurozone economic confidence weakened unexpectedly in September due to the fall in consumer sentiment, monthly survey data from the European Commission showed Tuesday. The economic sentiment index dropped to 97.9 in September from 98.4 in the previous month. The score was forecast to rise to 99.0.
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Major European Markets Move Higher As Oil Pares Early Gains

Major European Markets Move Higher As Oil Pares Early Gains

The major European markets gained some ground in positive territory on Tuesday with investors picking up select stocks even as oil prices remained at elevated levels despite coming off early highs and bond yields continued to hover around multi-year highs.
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UK Mortgage Approvals Fall To 32-Month Low

UK Mortgage Approvals Fall To 32-Month Low

UK mortgage approvals declined to a 32-month low in August amid higher borrowing costs, while consumer credit reached a record high, data from the Bank of England showed Tuesday. Net mortgage approvals for house purchases, an indicator of future borrowing, fell unexpectedly to 54,918 in August from 55,928 in the previous month.
RTTNews | 4 jam 26 menit yang lalu
Mixed Sentiment In Asian Markets

Mixed Sentiment In Asian Markets

Mixed sentiment prevailed in Asian markets on Tuesday tracking the negative sentiment in Wall Street on Monday. Market mood was impacted by worries about a broad slowdown in AI development. Markets also digested the rate hike by Reserve Bank of Australia. Renewed diplomatic push to end the Middle East crisis, the decline in crude oil prices and the easing in bond yields capped losses.
RTTNews | 4 jam 33 menit yang lalu