DAX Little Changed Ahead Of US Manufacturing PMI Data
(RTTNews) - German stocks were little changed in cautious trade on Tuesday as populist wins in state election injected fresh uncertainty.
Chancellor Olaf Scholz called the results of two regional elections that saw big wins for the far-right Alternative for Germany (AfD) and losses for his coalition "bitter" and urged mainstream parties to form governments without "right-wing extremists".
Investors also await more U.S. economic data, including the latest manufacturing and services sector PMIs and Friday's non-farm payrolls report for August to gauge the size of the Federal Reserve's rate cut later this month.
The benchmark DAX was marginally lower at 18,926 after edging up 0.1 percent to set a new record close on Monday.
read more
U.S. Jobless Claims Unexpectedly Slip To Nearly Eleven-Month Low
With the more closely watched monthly jobs report looming, the Labor Department released a report on Wednesday unexpectedly showing another modest decrease by first-time claims for U.S. unemployment benefits in the week ended January 4th. The report said initial jobless claims slipped to 201,000, a decrease of 10,000 from the previous week's unrevised level of 211,000.
RTTNews
|
5h 4min ago
U.S. Private Sector Job Growth Slows More Than Expected In December
Private sector employment in the U.S. increased by less than expected in the month of December, according to a report released by payroll processor ADP on Wednesday. The report said private sector employment rose by 122,000 jobs in December after climbing by 146,000 jobs in November. Economists had expected private sector employment to grow by 140,000 jobs.
RTTNews
|
5h 42min ago
U.S. Weekly Jobless Claims Unexpectedly Dip To 201,000
With the more closely watched monthly jobs report looming, the Labor Department released a report on Wednesday unexpectedly showing another modest decrease by first-time claims for U.S. unemployment benefits in the week ended January 4th.
RTTNews
|
6h 10min ago
Amazon's AWS To Invest At Least $11 Bln In Georgia For Cloud, AI Infrastructure
Amazon Web Services or AWS, affiliated to tech major Amazon.com Inc., announced its plan to invest at least $11 billion in the U.S. state of Georgia, aiming to expand infrastructure to support cloud computing and artificial intelligence technologies. The landmark investment in Butts and Douglas counties, which is expected to create at least 550 new high-skilled jobs, would enhance Georgia's...
RTTNews
|
6h 21min ago
U.S. Private Sector Employment Climbs Less Than Expected In December
Private sector employment in the U.S. increased by less than expected in the month of December, according to a report released by payroll processor ADP on Wednesday.
RTTNews
|
6h 22min ago
Eurozone Economic Sentiment Deteriorates Sharply
Euro area economic confidence deteriorated to the lowest in more than a year in December as the improvement in services sentiment was offset by weaker morale in industry, construction and among consumers. The economic sentiment index dropped more-than-expected to 93.7 in December from 95.6 in the previous month.
RTTNews
|
7h 9min ago
Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Wednesday.
RTTNews
|
7h 43min ago
Bay Street Likely To Open On Cautious Note
The Canadian market is likely to open on a cautious note on Wednesday with investors awaiting the release of the minutes from the Federal Reserve's most recent monetary policy meeting. Any significant move up or down looks unlikely and trading may remain a bit lackluster for much of the day's session.
RTTNews
|
7h 45min ago
