DAX Extends Gains As Investors Eye Nvidia's Q2 Results

RTTNews | hace 56
DAX Extends Gains As Investors Eye Nvidia's Q2 Results

(RTTNews) - German stocks traded higher on Wednesday as investors eagerly awaited earnings from market darling Nvidia, which could affect shares of artificial intelligence and other prominent technology stocks.

Investors also awaited the release of the Federal Reserve's preferred inflation gauge later this week for signals on U.S. interest-rate reductions.

The benchmark DAX was up 89 points, or half a percent, at 18,771 after rising 0.4 percent in the previous session.

In corporate news, LEG Immobilien SE shares fell 2.4 percent. The property company said that it is launching an offering of guaranteed senior, unsecured convertible bonds of 500 million euros due 2030.

The company intends to use the net proceeds to repay debt and for general corporate purposes.

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Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Thursday, following the broadly negative cues from Wall Street overnight, as traders react to rising bond yields and amid bets the US Fed will take a more measured approach on interest rate cuts. The continued tension in the Middle East is also weighing on the markets. Asian Markets closed mixed on Wednesday.
RTTNews | hace 5h 14min
Sensex, Nifty Likely To Open On Positive Note

Sensex, Nifty Likely To Open On Positive Note

Indian shares may open on a positive note Thursday, though volatility cannot be ruled out in the wake of relentless outflows of foreign funds, persisting geopolitical tensions and the impending U.S. election.
RTTNews | hace 5h 58min
Japanese Market Modestly Higher

Japanese Market Modestly Higher

Recouping some of the losses in the previous three sessions, the Japanese market is modestly higher on Thursday after opening in the red, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving up to be a tad below the 38,200 level, with gains in exporters and technology stocks.
RTTNews | hace 6h 15min
More Pain Predicted For Thai Stock Market

More Pain Predicted For Thai Stock Market

Ahead of Wednesday's holiday for Chulalongkorn Day, the Thai stock market had tracked lower in three straight sessions, slipping almost 25 points or 1.8 percent along the way. The Stock Exchange of Thailand now sits just above the 1,470-point plateau and it's expected to open under water again on Thursday.
RTTNews | hace 6h 29min
Australian Market Slightly Higher

Australian Market Slightly Higher

The Australian market is trading slightly higher on Thursday after opening in the red, adding to the slight gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to stay above the 8,200 level, with gains in some energy and technology stocks partially offset by weakness in mining stocks.
RTTNews | hace 6h 53min
Indonesia Bourse May Extend Wednesday's Losses

Indonesia Bourse May Extend Wednesday's Losses

The Indonesia stock market on Wednesday ended the eight-day winning streak in which it had surged more than 300 points or 4.1 percent. The Jakarta Composite Index now rests just beneath the 7,790-point plateau and the losses may accelerate on Thursday.
RTTNews | hace 6h 59min
Rally May Stall For Hong Kong Stock Market

Rally May Stall For Hong Kong Stock Market

The Hong Kong stock market has moved higher in two straight sessions, collecting more than 280 points or 1.4 percent along the way. The Hang Seng Index now sits just above the 20,760-point plateau although it may spin its wheels on Thursday.
RTTNews | hace 7h 14min