Loading...

DAX Gains On Economic Optimism

RTTNews | 33 days ago

DAX Gains On Economic Optimism

(RTTNews) - German stocks traded higher on Thursday after a business survey showed German business activity contracted less steeply than the previous month in October.

The HCOB Preliminary German Composite Output Index came in at 48.4 in October versus 47.5 in September.

The benchmark DAX was up 155 points, or 0.8 percent, at 19,532 after ending 0.2 percent lower the previous day.

In corporate news, Nivea maker Beiersdorf jumped 4.2 percent after reporting an increase in group sales for the first nine months of 2024.

Engine manufacturer MTU Aero Engines rose 1.3 percent after third-quarter earnings came in above expectations.

Symrise fell 2.6 percent after the fragrance, flavor and nutrition group posted Q3 sales in the reporting currency slightly below estimates.

read more

Intel To Get $7.865 Bln Govt. Grant For US Semiconductor Projects

Intel To Get $7.865 Bln Govt. Grant For US Semiconductor Projects

The U.S. government has offered Intel Corp. up to $7.865 billion in direct funding for its commercial semiconductor manufacturing projects, which is expected to create thousands of jobs. The latest award, together with a 25% investment tax credit which the firm plans to claim, would support the chip maker's plans to invest more than $100 billion in the U.S.

RTTNews | 6h 9min ago

Bay Street Likely To Open Higher On Firm Commodities, But Trade War Fears May Weigh

Bay Street Likely To Open Higher On Firm Commodities, But Trade War Fears May Weigh

It's likely to be a positive start for Canadian stocks on Tuesday as higher crude oil and gold prices are likely to trigger some buying in energy and metal sectors. However, fears of a renewed trade war following U.S. President-elect Donald Trump pledging to impose tariffs on all imports from Mexico, Canada and China, may hurt sentiment and limit market's upside.

RTTNews | 7h 43min ago

Rivian Shares Gain On Reports Of Conditional Settlement With Tesla, $6.6 Bln Loan Approval

Rivian Shares Gain On Reports Of Conditional Settlement With Tesla, $6.6 Bln Loan Approval

Rivian Automotive Inc.'s shares gained around 13 percent on Monday's regular trading after reports emerged that the all-electric automaker has reached a conditional settlement with EV major Tesla Inc., regarding its four-year old lawsuit. The shares were gaining 7% further in the pre-market activity on the Nasdaq, despite a slight drop in previous day's extended trading, after Rivian announced...

RTTNews | 9h 34min ago

Sensex, Nifty End Slightly Lower After Two-day Rally

Sensex, Nifty End Slightly Lower After Two-day Rally

Indian shares ended slightly lower on Tuesday following two days of strong gains.

RTTNews | 10h 4min ago

European Shares Retreat As Tariff Worries Return To Haunt Investors

European Shares Retreat As Tariff Worries Return To Haunt Investors

European stocks declined on Tuesday after U.S. President-elect Donald Trump pledged to impose tariffs on all imports from Mexico, Canada and China on his first day in office, raising fears of a renewed trade war.

RTTNews | 10h 51min ago

FTSE 100 Slides As BRC Warns About Return Of Inflation

FTSE 100 Slides As BRC Warns About Return Of Inflation

U.K. stocks declined on Tuesday amid apprehensions that November's figures may signal the end of falling inflation.

RTTNews | 11h 8min ago

CAC 40 Slides As Le Pen Threatens To Topple Government Over Budget

CAC 40 Slides As Le Pen Threatens To Topple Government Over Budget

French stocks traded lower on Tuesday after U.S. President-elect Donald Trump threatened sweeping new tariffs on Mexico, Canada and China on his first day in office to combat illegal immigration and drugs.

RTTNews | 11h 28min ago

DAX Falls As Automakers Decline On Tariff Concerns

DAX Falls As Automakers Decline On Tariff Concerns

German stocks fell notably on Tuesday, with automakers suffering heavy losses after U.S. President-elect Donald Trump vowed additional tariffs on China as well as U.S. neighbors Canada and Mexico, raising fears of a renewed trade war.

RTTNews | 11h 38min ago

Terms | Privacy | Site Map | Site Map Calendar

© 2024 Myfxbook Ltd. All Rights Reserved.

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.