DAX Tumbles After Macron's 'Civil War" Warning
(RTTNews) - German stocks fell sharply on Tuesday amid considerably political instability on the continent.
A cautious mood prevailed after French President Emmanuel Macron warned that both the National Rally party and the New Popular Front coalition risk bringing "civil war" to France.
The benchmark DAX was down 219 points, or 1.20 percent, at 18,106 after rising 0.9 percent in the previous session.
Tech stocks followed their U.S. peers lower, with Infineon Technologies falling more than 2 percent.
HORNBACH rallied 3 percent after reporting higher Q1 net income and confirming its full-year outlook.
Merck KGaA plunged 10 percent after the diversified group discontinued a late-stage trial for a cancer drug.
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TSX Ends On Firm Note As Technology, Consumer Discretionary Stocks Rally
Canadian benchmark stock index ended with a modest gain on Friday, lifted by strong gains in technology and consumer discretionary sectors. Upbeat earnings updates from big name U.S. companies Intel and Amazon contributed significantly to the firm undertone on Bay Street.
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Dollar Rises Against Major Counterparts Ahead Of Eventful Week
The U.S. dollar suffered a mild setback in early New York session on Friday after data showing a much smaller than expected increase in non-farm payroll employment growth and an unexpected contraction in the nation's manufacturing activity last month.
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23h 31min ago
Swiss Market Ends On Firm Note On Strong Economic Data
The Switzerland market closed on a strong note on Friday, in line with markets across Europe, as upbeat results from top U.S. firms Intel and Amazon, and data showing an unexpected drop in Swiss consumer price inflation helped underpin sentiment.
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European Stocks Close Higher As Investors React Positively To Earnings Announcements
European stocks closed higher on Friday with investors reacting to some fairly strong corporate earnings announcements, and assessing the likely move of the Federal Reserve after data showed much weaker than expected job growth in the U.S. in the month of October.
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Brazilian Real Weakens To Near 3-month Low Against U.S. Dollar
The Brazilian real weakened against the U.S. dollar in the New York session on Friday.
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Pound Firms Against Majors
The pound moved up against its major counterparts in the New York session on Friday.
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U.S. Construction Spending Inches Slightly Higher In September
Reflecting an increase in spending on public construction, the Commerce Department released a report on Friday showed an uptick by U.S. construction spending in the month of September. The report said construction spending crept up by 0.1 percent to an annual rate of $2.149 trillion in September after inching up by 0.1 percent to a revised rate of $2.146 trillion in August.
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U.S. Manufacturing Index Unexpectedly Dips To Lowest Level In Over A Year
A report released by the Institute for Supply Management on Friday showed U.S. manufacturing activity unexpectedly contracted at a modestly faster rate in the month of October. The ISM said its manufacturing PMI fell to 46.5 in October from 47.2 in September, with a reading below 50 indicating contraction. Economists had expected the index to inch up to 47.6.
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