DAX Tumbles With Inflation Worries In Focus

Major European Markets Close On Mixed Note

European stocks closed on a mixed note on Friday with investors largely making cautious moves, digesting regional PMI data, and a slew of corporate earnings announcements, in addition to closely following the developments on the geopolitical front. Uncertainty about U.S. government's trade and economic stance weighed on stocks. Germany's snap election on Sunday was in focus as well.

RTTNews | 5h 11min ago

Canadian Markets Remains In Negative Territory; Energy, Materials Shares Decline

After opening slightly up, the Canadian market tumbled into negative territory Friday morning as tariff threats and weak commodity prices, as well a few disappointing earnings updates prompted investors to press sales at several counters. Preliminary data showing a likely drop in retail sales in January is weighing as well.

RTTNews | 5h 47min ago

U.S. Consumer Sentiment Plunges To Lowest Level Since November 2023

A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated by much more than previously estimated in the month of February. The University of Michigan said its consumer sentiment index for February was downwardly revised to 64.7 from a preliminary reading of 67.8. Economists had expected the index to be unrevised.

RTTNews | 8h 2min ago

U.S. Existing Home Sales Pull Back Sharply In January

Existing home sales pulled back sharply in the month of January, according to a report released by the National Association of Realtors on Friday. NAR said existing home sales plunged by 4.9 percent to an annual rate of 4.08 million in January after surging by 2.9 percent to an upwardly revised rate of 4.29 million in December.

RTTNews | 8h 17min ago

Meta Hikes Executive Bonuses To 200% Of Salaries, Excluding CEO

Meta Platforms, Inc. announced the approval of a hefty increase in bonuses of its select executive officers under the new executive bonus plan, excluding Chief Executive Officer Mark Zuckerberg. The news comes close on the heels of the tech major's recent announcement of significant growth in its fourth-quarter results and positive outlook, as well as the layoff of 5% of its overall workforce.

RTTNews | 9h 23min ago

Bay Street May Open With Slightly Negative Bias

Canadian shares may open with a negative bias Friday morning as energy and materials stocks are likely to be under some pressure due to lower commodity prices. Canadian retail sales data may provide some direction.

RTTNews | 10h 8min ago

Eurozone Private Sector Expands In February

The euro area private sector managed to grow for the second straight month in February with the deepening contraction in France being offset by a moderate rebound in Germany, flash data from the purchasing managers' survey by S&P Global showed on Friday.The flash composite output index remained unchanged at 50.2 in February. Economists had forecast the indicator to rise to 50.5.

RTTNews | 10h 35min ago

Swiss Franc Rises Against Majors

The Swiss franc strengthened against other major currencies in the European session on Friday.

RTTNews | 12h 34min ago

EURUSD	1.04519	GBPUSD	1.26264	AUDUSD	0.63584
USDJPY	149.127	USDCAD	1.42279	USDCHF	0.89754