DAX Gains On Relief At French Election Results

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DAX Gains On Relief At French Election Results

(RTTNews) - German stocks advanced on Monday as investors reacted positively to the first round of the French election results.

French far-right's significant win in the first round of parliamentary elections wasn't as impressive as expected, leaving the final result dependent on party deals before a second-round next weekend.

Meanwhile, investors shrugged off the results of a survey showing that Germany's manufacturing sector experienced a fresh setback at the end of the second quarter.

The HCOB final Purchasing Managers' Index (PMI) for German manufacturing fell to 43.5 in June from 45.4 in May, confirming a preliminary flash estimate.

The benchmark DAX was up 95 points, or half a percent, at 18,331 after edging up 0.1 percent on Friday.

Wind turbine manufacturer Nordex fell about 1 percent despite receiving an order from Aquila Clean Energy for 123.9 MW in Spain.

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TSX Ends On Firm Note As Technology, Consumer Discretionary Stocks Rally

TSX Ends On Firm Note As Technology, Consumer Discretionary Stocks Rally

Canadian benchmark stock index ended with a modest gain on Friday, lifted by strong gains in technology and consumer discretionary sectors. Upbeat earnings updates from big name U.S. companies Intel and Amazon contributed significantly to the firm undertone on Bay Street.
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Dollar Rises Against Major Counterparts Ahead Of Eventful Week

Dollar Rises Against Major Counterparts Ahead Of Eventful Week

The U.S. dollar suffered a mild setback in early New York session on Friday after data showing a much smaller than expected increase in non-farm payroll employment growth and an unexpected contraction in the nation's manufacturing activity last month.
RTTNews | 5h 20minuter sedan
Swiss Market Ends On Firm Note On Strong Economic Data

Swiss Market Ends On Firm Note On Strong Economic Data

The Switzerland market closed on a strong note on Friday, in line with markets across Europe, as upbeat results from top U.S. firms Intel and Amazon, and data showing an unexpected drop in Swiss consumer price inflation helped underpin sentiment.
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Pound Firms Against Majors

Pound Firms Against Majors

The pound moved up against its major counterparts in the New York session on Friday.
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U.S. Construction Spending Inches Slightly Higher In September

U.S. Construction Spending Inches Slightly Higher In September

Reflecting an increase in spending on public construction, the Commerce Department released a report on Friday showed an uptick by U.S. construction spending in the month of September. The report said construction spending crept up by 0.1 percent to an annual rate of $2.149 trillion in September after inching up by 0.1 percent to a revised rate of $2.146 trillion in August.
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U.S. Manufacturing Index Unexpectedly Dips To Lowest Level In Over A Year

U.S. Manufacturing Index Unexpectedly Dips To Lowest Level In Over A Year

A report released by the Institute for Supply Management on Friday showed U.S. manufacturing activity unexpectedly contracted at a modestly faster rate in the month of October. The ISM said its manufacturing PMI fell to 46.5 in October from 47.2 in September, with a reading below 50 indicating contraction. Economists had expected the index to inch up to 47.6.
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