DAX Dips Ahead Of Key Inflation Data
(RTTNews) - German stocks fell on Thursday amid worries about continued monetary policy tightening by the U.S. Federal Reserve and the European Central Bank.
The benchmark DAX was down 129 points, or 0.8 percent, at 15,176 after losing 0.4 percent lower the previous day.
Travel and tech stocks dipped as Eurozone government bond yields hit multi-year highs ahead of the release of preliminary euro zone data for February due later in the day. Lufthansa fell over 1 percent and Infineon lost 3 percent.
Kion Group AG rose over 1 percent. The manufacturer of materials handling equipment said it expects an increase in revenue and a significant improvement in both adjusted EBIT and return on capital employed in fiscal 2023.
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European Shares Seen Higher At Open
European stocks are likely to open on a firm note Monday as U.S. stock futures bounced back after a week that saw the major indexes slump on growth and inflation concerns.
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5h 22min ago
Sensex, Nifty Decline In Early Trade; IT Stocks Hit Hard On Tariff Concerns
Indian shares were moving lower on Monday as U.S. President Donald Trump reiterated reciprocal tariffs plans for India.
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6h 48min ago
Asian Markets Track Wall Street Lower
Asian stock markets are trading mostly lower on Monday, following the broadly negative cues from Wall Street on Friday, as traders react to a report showing consumer sentiment in the U.S. deteriorated by much more than expected in February amid a surge by year-ahead inflation expectations. Asian markets closed mixed on Friday.
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7h 34min ago
Australian Market Turns Green In Mid-market Trades
The Australian stock market is moving in to the green in mid-market trading on Monday after opening deep in the red, snapping a five-session losing streak, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving a tad above the 8,300.00 level, with strong gains in financial stocks nearly offset by weakness in gold miners and technology stocks.
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8h 0min ago
Sensex, Nifty Set To Drift Lower On US Economic Slowdown Worries
Indian shares look set to open on a sluggish note Monday after U.S. markets crashed on Friday amid economic slowdown worries.
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8h 31min ago
Lower Open Anticipated For Thai Stock Market
The Thai stock market inched higher again on Friday, one day after ending the two-day winning streak in which it had risen just over 5 points or 0.4 percent. The Stock Exchange of Thailand now sits just above the 1,245-point plateau although it's likely to open in the red on Monday.
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9h 1min ago
Indonesia Stock Market May Hand Back Friday's Gains
The Indonesia stock market on Friday snapped the two-day losing streak in which it had given up more than 85 points or 1.2 percent. The Jakarta Composite Index now sits just above the 6,800-point plateau, although it's likely to head south again on Monday.
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9h 31min ago
Australian Market Notably Lower
The Australian stock market is trading notably lower on Monday, extending the losses in the previous five sessions, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling well below the 8,300.00 level, with weakness across most of the sectors led by energy and technology stocks.
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9h 39min ago
