DAX Dips As Investors Weigh Trump's Re-election Odds

RTTNews | 106 days ago
Stocktwits
DAX Dips As Investors Weigh Trump's Re-election Odds

(RTTNews) - German stocks fell in cautious trade on Tuesday as the assassination attempt on former President Donald Trump raised political uncertainty.

Economists have warned that a Trump victory could trigger a 1 percent GDP hit to the eurozone economy, with Germany, Italy, and Finland most affected.

The benchmark DAX dropped 103 points, or 0.6 percent, to 18,487 after declining 0.8 percent in the previous session.

Nordex Group edged up slightly on news that it has installed the world's first N175/6.X turbine at the Burgerwindpark Janneby in Schleswig-Holstein, Germany.

Fashion house Hugo Boss slumped 9 percent as the company lowered its full-year outlook after a challenging second quarter amid weakening consumer demand in markets such as China and the U.K.

Stocktwits
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Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Wednesday.
RTTNews | 4h 2min ago
Euro Rises As German Economy Expands Unexpectedly

Euro Rises As German Economy Expands Unexpectedly

The euro strengthened against other major currencies in the European session on Wednesday, after the German economy expanded unexpected in the third quarter, underpinned by household and government consumption.
RTTNews | 4h 32min ago
Sensex, Nifty End Lower On Weak Global Cues

Sensex, Nifty End Lower On Weak Global Cues

Indian shares ended Wednesday's session lower, with mixed earnings and caution ahead of next week's U.S. presidential election and Federal Reserve rate decision keeping investors anxious.
RTTNews | 4h 56min ago
Euro Rises Against Majors

Euro Rises Against Majors

The euro strengthened against other major currencies in the European session on Wednesday.
RTTNews | 5h 5min ago
European Shares Decline Ahead Of Key GDP Data

European Shares Decline Ahead Of Key GDP Data

European stocks traded lower on Wednesday as investors assessed a batch of mixed earnings and awaited regional growth data as well as the U.K. government's budget for direction.
RTTNews | 5h 48min ago
CAC 40 Falls As Earnings Dampen Mood

CAC 40 Falls As Earnings Dampen Mood

French stocks fell sharply on Wednesday, with mixed earnings from U.S. big technology companies and uncertainty around the upcoming U.S. presidential election weighing on markets.
RTTNews | 6h 15min ago
Spain GDP Expands More Than Forecast

Spain GDP Expands More Than Forecast

The Spanish economy logged a faster-than-expected growth in the third quarter on domestic demand, advance estimates from the statistical office INE showed on Wednesday. Gross domestic product grew 0.8 percent on a sequential basis, the same rate of growth as seen in the second quarter. Growth was forecast to ease to 0.6 percent.
RTTNews | 6h 28min ago
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