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DAX Gains As Investors Cheer US Labor Market Data

RTTNews | 171 дней спустя

DAX Gains As Investors Cheer US Labor Market Data

(RTTNews) - German stocks eked out modest gains on Friday after new U.S. labor market data eased recession concerns in the world's largest economy.

The benchmark DAX was up 76 points, or 0.4 percent, at 17,756 after rising 0.4 percent in the previous session.

The dollar held near a one-week high against its major peers, influence by a significant rise in U.S. Treasury yields.

In corporate news, optics giant Jenoptik surged 8.6 percent after boosting sales and profits in the second quarter.

Media powerhouse RTL Group added nearly 2 percent as it reported a 4.7 percent year-on-year increase in TV advertising revenue for the first half of the year.

Lanxess jumped 4.2 percent. The specialty chemicals maker confirmed its FY24 view despite posting a 5.6 percent drop in its second-quarter sales.

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Canadian Market Likely To Open With Negative Gap

Canadian Market Likely To Open With Negative Gap

Lower Canadian and U.S. futures amid concerns about tech earnings following the emergence of China's startup DeepSeek's AI model, and worries about U.S. President Donald Trump's policies and tariff threats point to a gap down opening for stocks on Bay Street on Monday.

RTTNews | 7ч 9мин назад

Dollar Drops Amidst Softer Tariff Tone, Rate Cut Calls

Dollar Drops Amidst Softer Tariff Tone, Rate Cut Calls

The U.S. Dollar tumbled against major currencies during the week ended January 24 amidst a perceived softening in the U.S. administration's tone on trade tariffs and President Trump's call to global central banks to lower interest rates. Weak economic data updates from the U.S. also aided the Dollar's decline.

RTTNews | 8ч 11мин назад

FTSE Modestly Lower; Miners Lose Ground

FTSE Modestly Lower; Miners Lose Ground

U.K. stocks are slightly down Monday morning, due largely to weakness in the mining sector after data showed a contraction in the manufacturing sector in the world's second largest economy.

RTTNews | 8ч 27мин назад

CAC 40 Slips As DeepSeek Triggers Tech Sell-off

CAC 40 Slips As DeepSeek Triggers Tech Sell-off

French stocks are down in negative territory Monday morning, snapping a long 9-day winning streak, amid a sell-off in technology stocks due to concerns about the impact of Chinese startup DeepSeek's powerful and cost-efficient AI model on the sector.

RTTNews | 8ч 52мин назад

German Business Confidence Improves In January

German Business Confidence Improves In January

German business confidence improved slightly in January on more positive assessment about the current situation but the overall low level continues to signal that the economy remains on weak footing. The ifo business climate index rose more-than-expected to 85.1 in January from 84.7 in the previous month, survey results from the ifo Institute showed on Monday. The reading was seen at 84.9.

RTTNews | 8ч 58мин назад

Sensex, Nifty Tumble As Tariff Worries Return To Haunt

Sensex, Nifty Tumble As Tariff Worries Return To Haunt

Indian shares fell sharply on Monday, pressured by concerns over weak corporate earnings, uncertainty surrounding U.S. trade and tariff policies, and persistent foreign fund outflows.

RTTNews | 9ч 1мин назад

DAX 30 Tumbles 1% As Tech Stocks Fall

DAX 30 Tumbles 1% As Tech Stocks Fall

German stocks are notably lower Monday morning, hurt by sharp losses in the technology sector on earnings concerns following China's low-cost startup DeepSeek's emergence as a powerful AI model.

RTTNews | 9ч 20мин назад

Commodity Currency's Slide On Disappointing China Data, Trump's Tariff Threats

Commodity Currency's Slide On Disappointing China Data, Trump's Tariff Threats

https://www.fxstreet.com/news/aud-jpy-tumbles-to-near-9800-as-chinas-factory-activity-contracts-in-january-202

RTTNews | 9ч 49мин назад

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