DAX Slips As Growth Worries Resurface
(RTTNews) - German stocks slipped on Tuesday as weak Chinese GDP data rekindled worries about slowing global growth.
The benchmark DAX was down 23 points, or 0.2 percent, at 15,111 after rising 0.3 percent in the previous session.
Nordex AG, a wind turbine maker, fell 1.6 percent after it posted a decline in order intake for its wind turbines the fourth-quarter and full-year, amidst a challenging market environment.
Luxury fashion brand Hugo Boss AG dropped 1.3 percent. The company said that its fourth-quarter preliminary sales grew 18 percent to 1.07 billion euros from last year's 905 million euros. Quarterly sales exceeded the 1 billion euros mark for the first time in its history.
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FTSE 100 Modestly Lower In Cautious Trade
U.K. stocks are drifting lower in cautious trade Friday morning, after rising to record highs in the previous session, as investors await the release of U.S. non-farm payroll data for some clues about the Federal Reserve's likely move on interest rates.
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6h 0min ago
Amazon Q4 Upbeat, Sees Sales Growth In Q1; But Stock Down
Shares of Amazon.com Inc. declined around 4 percent in the extended trading on Thursday and are currently down around 3 percent in the pre-market activity on the Nasdaq, after the tech major projected slower sales growth in the first quarter than the fourth quarter, with a significant unfavorable foreign exchange imapct. This was despite reporting higher earnings, above the Street estimates...
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6h 26min ago
Sensex, Nifty End Modestly Lower As RBI Cuts Repo Rate
Indian shares ended slightly lower on Friday as the Reserve Bank of India (RBI) reduced its key interest rates for the first time in nearly five years with an aim to support the slowing economy, which is projected to grow at its weakest pace in four years.
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6h 48min ago
Canadian Stocks Subdued In Cautious Trade; CAC 40 Down Marginally
French stocks are moving in a tight band on Friday with investors reacting to earnings updates and continuing to assess the regional economic data, and closely following reports from the U.S. with regard to its trade policies.
Investors are also awaiting U.S. non-farm payroll data for clues about Fed interest rate moves.
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7h 11min ago
DAX Up Slightly In Cautious Trade Ahead Of U.S. Jobs Data
German stocks are quite subdued Friday morning on disappointing revenue outlook from Amazon Inc., and caution ahead of the crucial U.S. non-farm payroll data due later in the day.
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7h 37min ago
German Industrial Output Falls Most In 5 Months
Germany's industrial output declined the most in five months in December, reflecting a sharp reduction in auto production, Destatis reported Friday. Industrial output fell 2.4 percent month-on-month in December, offsetting November's 1.3 percent gain.
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7h 46min ago
Indian Rupee Rises To 2-day High Against U.S. Dollar
The Indian rupee strengthened against the U.S. dollar in the European session on Friday.
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7h 52min ago
European Shares Little Changed Ahead Of US Jobs Report
European shares were little changed on Friday after climbing to a record high the previous day on the back of robust quarterly earnings and eased concerns about a U.S.-led trade war.
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8h 4min ago
