DAX Rises Ahead Of Inflation Data

RTTNews | 764 gün önce
DAX Rises Ahead Of Inflation Data

(RTTNews) - German stocks advanced on Tuesday as investors awaited consumer price data expected to confirm the gradual easing that started last month.

Official data released earlier today showed Germany's unemployment rate held steady at seasonally adjusted 3.0 percent in November. The number of people out of work decreased 6,500 from October to 1.32 million.

On an unadjusted basis, there were 1.25 million unemployed in November.

The unemployment data for December is due from the Federal Labour Agency later today. The benchmark DAX jumped 93 points, or 0.7 percent, to 14,163 after rallying 1.1 percent the previous day.

Brenntag shares surged nearly 5 percent. The chemicals distributor said that it has decided to terminate preliminary discussions with Univar Solutions (UNVR) for a potential acquisition.

read more
U.S. Private Sector Job Growth Exceeds Estimates In January

U.S. Private Sector Job Growth Exceeds Estimates In January

Payroll processor ADP released a report on Wednesday showing private sector employment in the U.S. increased by more than expected in the month of January. ADP said private sector employment climbed by 183,000 jobs in January after rising by an upwardly revised 176,000 jobs in December. Economists had expected private sector employment to rise by 150,000 jobs.
RTTNews | 5s 9 dakika önce
GSK Stock Up On Q4 Results, Positive Outlook; Plans To Buyback GBP 2 Bln Shares

GSK Stock Up On Q4 Results, Positive Outlook; Plans To Buyback GBP 2 Bln Shares

Shares of GSK Plc. were gaining around 6 percent on the London Stock Exchange, as well as in the pre-market activity on the NYSE, after the British drug maker reported Wednesday a higher fourth-quarter results and issued positive outlook for fiscal 2025. The company further raised its sales view for fiscal 2031, and announced dividends and 2 billion pounds share buyback programme.
RTTNews | 5s 10 dakika önce
UK Car Sales Continue To Fall, EV Share Rises: SMMT

UK Car Sales Continue To Fall, EV Share Rises: SMMT

The UK car market contracted for the fourth straight month in January due to weak consumer confidence and tough economic conditions, but the market share of electric vehicles increased, data from the Society of Motor manufacturers and Traders or SMMT, showed on Wednesday. Car registrations decreased 2.5 percent on a yearly basis to 139,345 units in January.
RTTNews | 6s 16 dakika önce
Bay Street Likely To See Mixed Open

Bay Street Likely To See Mixed Open

Canadian shares may open on a mixed note Wednesday morning, tracking mixed commodity markets, and on lingering concerns about the impact of Trump administration's trade policies on the outlook for global economic growth.
RTTNews | 6s 21 dakika önce
UK Services Growth Eases On Renewed Fall In New Work

UK Services Growth Eases On Renewed Fall In New Work

The UK service sector growth eased more than initially estimated in January as new work declined for the first time since October 2023, survey results from S&P Global showed on Wednesday. The S&P Global services Purchasing Managers' Index registered 50.8 in January, down from 51.1 in December and was also below the flash estimate of 51.2.
RTTNews | 6s 49 dakika önce
FTSE 100 Roughly Flat; GSK Rises Over 5%

FTSE 100 Roughly Flat; GSK Rises Over 5%

UK stocks are moving in a tight band Wednesday morning with investors largely focusing on earnings updates, and digesting the data on the nation's manufacturing and services sector activity for the month of January.
RTTNews | 7s 49 dakika önce