DAX Edges Higher In Cautious Trade Ahead Of US Jobs Data
(RTTNews) - German stocks were seeing modest gains in cautious trade on Friday ahead of the release of U.S. non-farm payroll report later in the day and next week's U.S. presidential election.
The benchmark DAX was up 60 points, or 0.3 percent, at 19,138 after losing 0.9 percent in the previous session.
In corporate news, Siemens rose about 1 percent on reports that the conglomerate is eyeing more acquisitions after its $10.6 billion purchase of U.S. industrial software company Altair.
Shares of Fielmann Group AG, an eyewear company, slumped 7.6 percent despite posting a rise in sales for the nine-month period and reaffirming its annual sales outlook.
Technology stocks such as SAP and Infineon Technologies were little changed.
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European Shares Gain Before US Jobs Data
European stocks traded higher on Friday ahead of the release of U.S. non-farm payroll report later in the day and next week's U.S. presidential election.
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5h 56min ago
FTSE 100 Rises As House Price Growth Slows
U.K. stocks rose on Friday and the pound was steady as data showed house price inflation in the U.K. eased for the first time in six months in October.
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6h 10min ago
CAC 40 Rises As Investors Weigh The US Election Impact
French stocks traded higher on Friday even as yields on government bonds continued to rise amid inflation concerns and rising odds of a Trump victory in next week's presidential election.
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6h 25min ago
Asian Shares Retreat Despite Positive China Data
Asian stocks ended mostly lower on Friday, even as Hong Kong markets edged up after the release of positive readings on Chinese manufacturing activity and home sales.
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6h 52min ago
NZ Dollar Rises As China Manufacturing Activity Returns To Growth
The New Zealand dollar strengthened against other major currencies in the Asian session on Friday, after China's manufacturing activity returned to growth in October as companies ramped up production and purchasing to meet higher demand amid improving confidence.
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9h 41min ago
European Shares Seen Opening Up On China Optimism
European stocks are seen opening on a positive note Friday amid optimism about the Chinese economy and stimulus push.
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9h 52min ago
NZ Dollar Rises Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Friday.
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9h 58min ago
European Economic News Preview: UK Factory PMI Data Due
Factory Purchasing Managers' survey results and house prices from the UK are due on Friday, headlining a light day for the European economic news. At 3.00 am ET, the UK Nationwide house price data is due. House prices are forecast to grow 2.8 percent annually in October after rising 3.2 percent in September.
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10h 15min ago
