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DAX Edges Lower Ahead Of GDP Data

RTTNews | 742 days ago

DAX Edges Lower Ahead Of GDP Data

(RTTNews) - German stocks opened lower on Monday as investors braced for a busy week of corporate earnings and central bank policy meetings.

Destatis is slated to release German GDP data later in the day. Economists expect the economy to remain flat on a quarterly basis after expanding 0.4 percent in the third quarter.

The benchmark DAX was down 114 points, or 0.8 percent, at 15,035 after closing 0.1 percent higher on Friday.

Tech shares traded lower, with Infineon Technologies falling 2 percent.

DEUTZ AG soared more than 4 percent. The internal combustion engine maker announced that it has inked two multi-million euros agreements with the commercial vehicle maker Daimler Truck Holdings AG to develop and market medium- and heavy-duty engines.

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McDonald's Q4 Earnings, Revenues Miss Street; Global Comps Rise; Stock Up

McDonald's Q4 Earnings, Revenues Miss Street; Global Comps Rise; Stock Up

Fast food chain McDonald's Corp. reported Monday slightly lower profit in its fourth quarter with nearly flat revenues. Adjusted earnings and revenues missed market estimates. However, the company recorded growth in operating income as well as global comparable sales, despite a weakness in U.S. In pre-market activity on the NYSE, McDonald's shares were trading at $301.64, up 2.5 percent.

RTTNews | 5h 45min ago

Dollar Slipped Last Week Amidst Tariff Jitters, Jobs Data

Dollar Slipped Last Week Amidst Tariff Jitters, Jobs Data

A mixed job market update from the U.S late last week that added to the uncertainty surrounding the Federal Reserve's monetary policy lifted the dollar, but did not suffice to recoup the greenback's losses suffered in the trade tariff spat between the U.S. and some key trading partners.

RTTNews | 6h 8min ago

Bay Street May Open Higher On Firm Commodity Prices

Bay Street May Open Higher On Firm Commodity Prices

Higher crude oil and gold prices, and firm European stocks point to a positive start for the Canadian market Monday morning. U.S. President Donald Trump's threat that he will impose a 25% tax on all steel and aluminium imports could weigh a bit and limit market's upside.

RTTNews | 6h 50min ago

Eurozone Investor Confidence Highest In 7 Months

Eurozone Investor Confidence Highest In 7 Months

Euro area investor sentiment strengthened to a seven-month high in February as economic expectations increased dynamically despite tariff threats, results of the monthly survey by the behavioral research institute Sentix showed on Monday. The Sentix investor confidence index climbed to -12.7 in February from -17.7 in January. The reading was the highest since July 2024. The score was forecast to

RTTNews | 8h 26min ago

FTSE 100 Advances; BP Rises As Activist Hedge Fund Elliott Takes Stake

FTSE 100 Advances; BP Rises As Activist Hedge Fund Elliott Takes Stake

Th U.K. market climbed to fresh record highs Monday morning, lifted by strong gains in one of the world's largest oil companies & gas company BP Plc.

RTTNews | 9h 18min ago

Sensex Drops 548 Points On Tariff Worries; Nifty Dips Below 23,400

Sensex Drops 548 Points On Tariff Worries; Nifty Dips Below 23,400

Indian shares fell notably on Monday and the rupee hit a record low of 87.95 per U.S. dollar as investors watched the latest developments on the tariff front.

RTTNews | 9h 44min ago

CAC 40 Pares Early Gains

CAC 40 Pares Early Gains

French stocks are turning in a mixed performance in somewhat lackluster trade Monday morning after paring early gains, as investors assess the potential impact of new tariffs likely to be imposed by U.S. President Donald Trump.

RTTNews | 9h 50min ago

Yen Drops Against Majors

Yen Drops Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Monday.

RTTNews | 10h 25min ago

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