DAX Edges Higher In Holiday-thinned Trade
(RTTNews) - German stocks rose on Thursday after overnight data showed U.S. consumer confidence rose to an eight-month high in December on the back of declining inflation expectations and a strong labor market.
The benchmark DAX was up 43 points, or 0.3 percent, at 14,141 after rallying 1.5 percent on Wednesday.
Banks traded higher, with Deutsche Bank rising nearly 1 percent and Commerzbank gaining half a percent.
Automakers were mixed, with Volkswagen losing around 1 percent.
Hornbach Holding AG & Co. KGaA, a DIY-store chain operator, added 1 percent after backing its FY23 outlook.
Retailer Metro AG edged up slightly after saying that it agreed to divest Metro India to Reliance Retail Ventures Limited.
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UBS Turns To Profit In Q4, Hikes Dividend, Plans $3 Bln Buyback; But Stock Down
Swiss banking major UBS Group AG reported Tuesday a profit in its fourth quarter, compared to prior year's loss, benefited by increased revenues. The company also raised its dividend, and announced up to $3 billion share buyback program. Meanwhile, the shares were losing around 5 percent in the trading in Switzerland, as well as around 6 percent in pre-market activity on the NYSE.
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5g 2 minut temu
CTS Guides FY25 Below Estimates - Update
While reporting financial results for the fourth quarter on Tuesday, CTS Corp. (CTS) initiated its adjusted earnings and sales guidance for the full-year 2025.
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5g 26 minut temu
Bay Street Likely To Open On Weak Note
Canadian shares are likely to open lower Tuesday morning, tracking weak crude oil and metal prices. Despite the U.S. agreeing to hold off imposing tariffs on Canada and Mexico for a month, the mood is likely to remain cautious.
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5g 42 minut temu
FTSE 100 Down Marginally In Cautious Trade
U.K. stocks are down marginally Tuesday morning amid lingering fears of long trade war following the U.S. deciding to impose tariffs on several trading partners including, Canada, China, Mexico and the EU.
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7g 47 minut temu
CAC 40 Recovers After Mild Setback
After a marginal upmove and a subsequent drop into the red, French stocks have edged higher Tuesday morning with investors largely making cautious moves, assessing the potential implications of tariffs imposed and proposed to be imposed by the U.S. on countries such as Canada, Mexico and China, as well the EU and the U.K.
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8g 18 minut temu
Sensex Soars 1,397 Points; Nifty Ends Above 23,700
Indian shares ended sharply higher on Tuesday after U.S. President Donald Trump delayed tariffs on Mexico and Canada for a month but gave China no such relief.
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8g 35 minut temu
DAX Flat After Somewhat Wild Swings; Infineon Soars On Guidance
German stocks are a bit volatile Tuesday morning with investors focusing on earnings and awaiting fresh economic data this week for directional clues.
The mood is a bit cautious as trade war concerns linger despite U.S. President Donald Trump striking deals with Canada and Mexico to delay 25% import taxes for a month.
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8g 49 minut temu
Spain Unemployment Rises Less Than Forecast
Spain's unemployment increased less than expected in January and also hit the lowest level for the month in 17 years as the economy continued to exhibit robust growth, official data showed on Tuesday. The number of people out of work increased 38,725 in January from the previous month, the labor ministry said.
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9g 30 minut temu
