DAX Edges Higher Ahead Of Inflation Data
(RTTNews) - German stocks eked out modest gains on Tuesday as nationwide unrest in China over COVID curbs eased and the country said it would bolster vaccination among its senior citizens, a move regarded by health experts as crucial to reopening the world's second-largest economy.
In economic releases, German inflation data for November and final November consumer confidence data for the euro zone are expected later in the session.
The benchmark DAX was up 41 points, or 0.3 percent, at 14,424 after losing 1.1 percent in the previous session.
Brenntag SE shares rose over 1 percent. The chemicals distributor confirmed a Bloomberg News report that it's mulling the acquisition of U.S. distributor Univar Solutions Inc.
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U.S. Consumer Price Growth Matches Estimates In December
The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with economist estimates in the month of December. The report said the personal consumption expenditures (PCE) price index rose by 0.3 percent in December after inching up by 0.1 percent in November. The increase matched expectations.
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5h 1min atrás
Bay Street Likely To Open On Mixed Note
Canadian shares are likely to open on a mixed note on Friday with investors reacting to the nation's GDP data, and treading cautiously ahead of the February 1 deadline for the imposition of trade duties on Canada.
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6h 9min atrás
U.S. Consumer Prices Increase In Line With Estimates In December
The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with economist estimates in the month of December.
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6h 19min atrás
Wall Street Looks Headed For Positive Start
Higher futures point to a firm start for U.S. stocks Friday morning, but data on the nation's personal consumption expenditure for the month of December holds the key for the market's trend.
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6h 41min atrás
Novartis Q4 Core EPS Beats Market, Hikes Dividend; Sees Growth In FY25; Stock Up
Swiss drug-major Novartis AG reported Friday weak net earnings in its fourth quarter on the absence of prior year's significant gain related to Sandoz Group AG spin-off. However, earnings from continuing operations grew from last year, and core earnings beat market estimates along with top line. Further, the company issued positive outlook for fiscal 2025 and lifted its dividend.
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6h 59min atrás
France Inflation Rises To 5-Month High
French inflation accelerated to a five-month high in January largely on energy and manufactured product prices, provisional data from the statistical office INSEE showed Friday. Consumer prices registered an annual increase of 1.4 percent in January, following December's 1.3 percent rise.
RTTNews
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8h 1min atrás
FTSE 100 Hits Fresh Record High
U.K. stocks are up in positive territory Friday morning, and the benchmark FTSE 100 looks set to end the month with a strong gain, as the mood remains a bit bullish amid optimism about more monetary easing by central banks in the coming months.
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9h 8min atrás
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the European session on Friday.
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9h 26min atrás
