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DAX Slips On China COVID Concerns
(RTTNews) - German stocks fell on Thursday as risks related to a new surge in COVID-19 cases returned to investors' radars.
Several countries have announced measures in an effort to keep infections from spreading beyond China's borders.
In response to surging infections, the United States, Italy, Japan, India and Malaysia announced this week they would increase health measures for travelers from China.
Meanwhile, China has rejected criticism of its COVID data and played down the risk of new variants, saying it expects future mutations to be potentially more transmissible but less severe.
The benchmark DAX was down 22 points, or 0.2 percent, at 13,903 after declining half a percent in the previous session.
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U.S. Dollar Ticks Higher Amid Inflation Data Release, Expectations Of Reopening Of Strait Of Hormuz
The U.S. Dollar value inched higher as investors weighed today's inflation data that pushed the odds for a rate hike in the U.S. higher against reports of an upcoming meeting between the Gulf Cooperation Council nations and Iran to hasten the reopening of the Strait of Hormuz.
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TSX Climbs On Tech Rally, Looks Set To End 6-day Losing Streak
The S&P/TSX Composite Index rose 0.36% Friday to 35,634.50 as technology stocks surged 3.5%, contributing significantly to gains. Oil prices fell following International Energy Agency's downward global oil demand forecast revision.
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Swiss Market Ends Modestly Higher
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European Markets Rise As Oil Prices Fall On IEA Demand Cut
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U.S. Consumer Sentiment Deteriorates Much More Than Expected In September
A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. has deteriorated by much more than anticipated in the month of September. The University of Michigan said its consumer sentiment index slumped to 47.8 in September after tumbling to 51.7 in August. Economists had expected the index to edge down to 51.0.
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23h 56min ago
CPSC Recalls: 2.3 Mln Candy Bottles, Motorcycles, Dressers, Dual Fuel Ranges, Fire Spray Canisters
The U.S. Consumer Product safety Commission or CPSC has announced various recalls including more than 2.3 million sour crush candy bottles, motorcycles, six-drawer dressers, dual fuel ranges, hair dryer brushes, and fire spray canisters, among others. In most of the recalls, consumers are urged to immediately stop using the recalled product, and contact the respective firm for either a free repair
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U.S. Consumer Price Growth Matches Estimates, Core Prices Rise Slightly More Than Expected
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U.S. Consumer Prices Increase In Line With Estimates In August
A closely watched report released by the Labor Department on Friday showed consumer prices in the U.S. increased in line with economist estimates in the month of August.
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