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DAX Extends Gains As Investors Eye Nvidia's Q2 Results

RTTNews | 139 days ago

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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Japanese Market Slightly Higher

Japanese Market Slightly Higher

The Japanese stock market is trading slightly higher on Wednesday, snapping a four-session losing streak, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving up to be just below the 38,500 level, with gains in gains across most sectors led by financial stocks. Technology stocks were the only weak spot.

RTTNews | 5h 4min ago

China Shares May Be Stuck In Neutral On Wednesday

China Shares May Be Stuck In Neutral On Wednesday

The China stock market on Tuesday ended the three-day losing streak in which it had retreated almost 70 points or 2.3 percent. The Shanghai Composite Index now sits just above the 3,240-point plateau although it may spin its wheels on Wednesday.

RTTNews | 5h 17min ago

Australian Market Modestly Higher

Australian Market Modestly Higher

Australian shares are trading modestly higher on Wednesday, extending the gains in the previous session, with the benchmark S&P/ASX 200 staying well above the 8,200 level, following the mixed cues from Wall Street overnight, with gains across most sectors led by mining and financial stocks. Technology stocks were the only weak spot.

RTTNews | 5h 24min ago

Mild Upside Seen For Taiwan Stock Market

Mild Upside Seen For Taiwan Stock Market

The Taiwan stock market on Tuesday halted the four-day losing streak in which it had stumbled more than 1,150 points or 4.3 percent. The Taiwan Stock Exchange now rests just shy of the 22,800-point plateau and it may inch higher again on Wednesday.

RTTNews | 5h 48min ago

Japan M2 Money Stock Rises 1.3% On Year In December

Japan M2 Money Stock Rises 1.3% On Year In December

The M2 money stock in Japan was up 3.2 percent on year in December, the Bank of Japan said on Wednesday - coming in at 1,257.7 trillion yen.

RTTNews | 6h 5min ago

Singapore Stock Market May Find Traction On Wednesday

Singapore Stock Market May Find Traction On Wednesday

The Singapore stock market has finished lower in four straight sessions, giving away almost 100 points or 2.6 percent along the way. The Straits Tines Index now rests just beneath the 3,790-point plateau although it may see mild upside on Wednesday.

RTTNews | 6h 18min ago

Malaysia Stock Market May Open Higher On Wednesday

Malaysia Stock Market May Open Higher On Wednesday

The Malaysia stock market has finished lower in two straight sessions, slipping more than 25 points or 1.3 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,575-point plateau although it may find support on Wednesday.

RTTNews | 6h 48min ago

Japan Stock Market May End Losing Streak On Wednesday

Japan Stock Market May End Losing Streak On Wednesday

The Japanese stock market has finished lower in four straight sessions, stumbling more than 1,600 points or 4.2 percent along the way. The Nikkei 225 now rests just beneath the 38,475-point plateau although it may stop the bleeding on Wednesday.

RTTNews | 7h 3min ago

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