DAX Slips In Lackluster Trade
(RTTNews) - German stocks slipped into the red on Wednesday after several Federal Reserve officials urged patience on interest-rate cuts.
The benchmark DAX was down 40 points, or 0.2 percent, at 18,092 after closing up 0.4 percent the previous day.
The dollar held steady while sterling edged higher after data showed U.K. inflation has hit the 2 percent target for the first time in three years, delivering a fillip to Prime Minister Rishi Sunak ahead of the parliamentary election.
In corporate news, Adidas shares dropped half a percent. The athletic apparel company Adidas has launched an investigation into allegations of compliance violations in China after receiving an anonymous letter earlier this month.
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Swiss Franc Weakens Against Most Majors
The Swiss franc declined against its most major counterparts in the New York session on Tuesday.
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6h 34min ago
Pound Climbs Against Majors
The pound rose against its major counterparts in the New York session on Tuesday.
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7h 21min ago
European Stocks Close Higher On Thin Volumes Ahead Of Christmas Holidays
European stocks posted marginal gains in the shortened trading session on Tuesday, with investors mostly staying away on the sidelines ahead of Christmas holidays. Some major markets in the region remained shut for Christmas Eve.
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8h 57min ago
Bay Street Likely To Open Slightly Higher
Canadian shares are likely to open higher on Tuesday, and trading may be a bit lackluster and volumes rather thin as the market will close at 1 pm, and remain closed on Wednesday and Thursday for Christmas and Boxing Day holidays.
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10h 42min ago
Indian Rupee Hits Record Low Against U.S. Dollar
The Indian rupee weakened against the U.S. dollar in the European session on Tuesday.
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12h 6min ago
Sensex, Nifty Reverse Course To End Lower
Indian shares fluctuated before ending on a flat note Tuesday ahead of the Christmas holiday.
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13h 7min ago
European Shares Edge Higher Ahead Of Christmas Break
European stocks edged higher in cautious trade on Tuesday ahead of Christmas break.
The German DAX is not trading today while the FTSE 100 and CAC 40 will close early for Christmas Eve.
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14h 32min ago
FTSE 100 Edges Higher In Thin Holiday Trade
U.K. stocks were moving higher on Tuesday in thin-shortened trading session for Christmas Eve.
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14h 43min ago
