DAX Subdued As Investors Await US Election Outcome

RTTNews | 19 days ago
Stocktwits
DAX Subdued As Investors Await US Election Outcome

(RTTNews) - German stocks were marginally lower on Tuesday and bond markets remained on edge, as several polls revealed a tight presidential race between Republican candidate Donald Trump and Democratic nominee Kamala Harris.

Analysts believe Trump's policies on immigration, tax cuts and tariffs would put upward pressure on inflation, bond yields and the dollar.

The benchmark DAX was down 12 points at 19,135 after losing 0.6 percent in the previous session.

In corporate news, utility Uniper SE rose over 1 percent after confirming its FY24 guidance.

Luxury fashion company Hugo Boss fell 2.6 percent after reporting a decline in third-quarter net profit.

Dialysis company Fresenius Medical Care added 1.3 percent as Q3 profit beat market views.

Online fashion retailer Zalando dropped 2.6 percent despite posting strong improvement in third-quarter sales and profit.

Stocktwits
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TSX Closes At New Record High

TSX Closes At New Record High

The Canadian market closed modestly higher on Friday, lifted by gains in industrials and energy stocks. Positive reaction to the nation's retails data and the recent announcement of a mini stimulus package contributed to the upside.
RTTNews | 2 days ago
Swiss Stocks Close On Strong Note

Swiss Stocks Close On Strong Note

Swiss stocks closed on a bright note on Friday, in line with markets across Europe, as weak manufacturing and services sector data from major European countries such as the U.K., Germany and France raised hopes that central banks will cut interest rates further to help revive growth.
RTTNews | 2 days ago
Canadian Market Modestly Higher In Cautious Trade

Canadian Market Modestly Higher In Cautious Trade

The Canadian market is modestly higher a little past noon on Friday with stocks turning in a mixed performance in cautious trade. Investors are digesting the latest economic data from Canada and the U.S., while continuing to follow the developments on the geopolitical front.
RTTNews | 2 days ago
U.S. Consumer Sentiment Improves Less Than Previously Estimated In November

U.S. Consumer Sentiment Improves Less Than Previously Estimated In November

Consumer sentiment in the U.S. improved less than previously estimated in the month of November, according to revised data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index for November was downwardly revised to 71.8 from the preliminary reading of 73.0.
RTTNews | 2 days ago
Bay Street Seen Opening Higher

Bay Street Seen Opening Higher

The Canadian market may open higher on Friday, with materials shares finding some support on firm metal prices. Investors will also be reacting to Canadian retails sales data and U.S. producer prices report.
RTTNews | 2 days ago
Regulator CFPB To Consider Apple Pay, Other Digital Payment Apps As Banks

Regulator CFPB To Consider Apple Pay, Other Digital Payment Apps As Banks

The US Consumer Financial Protection Bureau or CFPB has finalized a rule to supervise Apple Inc. and other major technology firms that offer digital funds transfer and payment wallet apps, and treat them more like banks. In a statement, the US consumer watchdog said the rule on federal oversight of popular digital payment apps by the largest non-bank companies is aimed to protect personal data...
RTTNews | 2 days ago
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