^GDAXI - DAX PERFORMANCE-INDEX
| Previous Close | 12,153.10 |
| Open | 12,138.14 |
| Volume | 0 |
| Day's Range | 12,100.00 - 12,243.63 |
| 52 Week Range | 10,279.20 - 13,204.31 |
| Avg. Volume | 84,267,825 |
- Reuters•4 days ago
European shares rise as short covering, earnings help temper tepid PMIs
* (There will be no European stock market report on Friday and Monday on account of Easter holidays. April 18 (Reuters) - European shares ended higher on Thursday as short covering kicked in ahead of a long Easter weekend and strong quarterly results including those from Unilever and Nestle tempered data showing euro zone businesses unexpectedly slowed this month. The pan-European STOXX 600 index rose for a seventh straight session, its best winning streak since early February with Germany's DAX closing at six-month highs, while London's FTSE 100 fell, dragged by healthcare stocks.
- Reuters•4 days ago
GLOBAL MARKETS-Stocks erase weekly gains on lackluster manufacturing data
A gauge of global stocks erased this week's gains on Thursday after underwhelming manufacturing surveys from Asia and Europe and continued weakness in U.S. healthcare shares spurred profit-taking ahead of an extended Easter holiday weekend. On Wall Street, a sell-off in healthcare shares, which have been under pressure from Democratic proposals to extend Medicare coverage to more Americans, overshadowed strong March retail sales data showing the greatest increase in 1-1/2 years. Lackluster French and German surveys of purchasing managers in the manufacturing sector for April, which showed activity continuing to contract, also prompted selling among some investors, said Darrell Cronk, chief investment officer for wealth and investment management at Wells Fargo in New York.
- Reuters•4 days ago
Tepid growth sends investors scurrying back to German Bunds
Euro zone government bond yields were on track for their biggest one-day decline in three weeks after a business survey painted a bleak picture for German manufacturing, fuelling worries about the euro zone economy. Investors focused instead on the 44.5 reading for manufacturing, below the 50.0 mark separating growth from contraction but better than the 44.1 recorded last month. In addition, data for the bloc overall showed growth slowing as demand barely rose despite smaller price increases.
- Reuters•4 days ago
GLOBAL MARKETS-Poor PMIs wipe week's gains off global shares
Global shares erased this week's gains on Thursday after weak manufacturing surveys from Asia and Europe stoked fears of a widespread slowdown in growth, adding to profit-taking ahead of the long Easter weekend. French and German surveys of purchasing managers in the manufacturing sector for April showed activity continuing to contract, hitting European stocks in early trade. Activity in Germany's services sector rose to a seven-month high in April, but investors focused on the 44.5 reading for the manufacturing sector, well below the 50.0 mark separating growth from contraction even if it was above the 44.1 reading last month.
Bloomberg•4 days agoGlory Days Are Over for European Stocks in 2019, Strategists Say
According to the average response in a Bloomberg poll, the Stoxx Europe 600 Index is likely to fall 8.9 percent from Wednesday’s close, to 355 points, by the end of 2019. The Euro Stoxx 50 Index, home of the euro-area’s biggest companies, is seen retreating 6.4 percent from current levels, to 3,255, the survey shows. The region’s equities are being torn between conflicting signals: optimism over global growth has helped boost the value of the Stoxx 600 by about $1.7 trillion from its December lows, while outflows from European equity funds continue almost non-stop.
- CNBC•4 days ago
European markets trade lower as investors remain concerned over weak growth
European markets were lower on Thursday after PMI data signaled a stagnating economy. Market focus is largely attuned to corporate earnings, with first-quarter reports heavily influencing the performance of European stocks on Thursday morning.
- Investing.com•4 days ago
StockBeat - Gloomy PMIs Overshadow Strong Nestle, Unilever Results
By Geoffrey Smith
- FX Empire•4 days ago
European Equities: Will the PMI Numbers Deliver another Boost?
Private sector PMI numbers are going to need to reflect a marked improvement to support another day of gains…
- CNBC•5 days ago
European markets edge lower amid earnings; Commerzbank shares up 2%
The pan-European Stoxx 600 was down around 0.1% during lunchtime trade, with most sectors and major bourses in negative territory. Market focus is also attuned to corporate earnings, with a string of U.S. companies releasing their first-quarter reports this week. European markets were marginally lower Wednesday afternoon, amid ongoing concerns about a global economic downturn.
- FX Empire•5 days ago
European Equities Will China Data Spoil the Party?
The DAX saw a 5th consecutive day in the green, with the CAC40 up for a 6th consecutive day. Today’s stats out of China could rain on the parade…
- Reuters•6 days ago
GLOBAL MARKETS-Stocks approach new highs on positive earnings, economic data
Wall Street's S&P 500 edged higher after Johnson & Johnson beat quarterly profit estimates and raised its sales growth forecast for the year. UnitedHealth Group Inc also beat earnings estimates and increased its adjusted earnings target, though its shares reversed course to trade lower. "UnitedHealth and Johnson & Johnson raising their forecast is a hugely good thing as heading into the year we thought we might see an earnings pause or an earnings recession," said Kim Forrest, chief investment officer at Bokeh Capital Partners in Pittsburgh.
- Reuters•6 days ago
GLOBAL MARKETS-Stocks march to new highs as European volatility vanishes
Stock markets rose on Tuesday to new six-month highs after reassuring data about the health of China's economy and economic sentiment in Germany helped investors brush aside disappointing bank earnings. The latest leg higher in a three-month long global rally comes as a degree of calm has descended across financial markets, with European stock volatility falling to its lowest since January 2018, exacerbated by a shortened trading week for the Easter holidays. Germany's DAX extended its gains to rise 0.66 percent after the monthly ZEW survey showed the mood improved among German investors for the sixth consecutive month, while Britain's FTSE 100 also strengthened.
- Financial Times•6 days ago
Breaking away from the pack
FT subscribers can click here to receive Market Forces every day by email. The highlights of a holiday-shortened week await, starting with a slew of economic data from China on Wednesday, followed by a look at the eurozone’s purchasing managers’ indices on Thursday. Over the past month, China’s CSI 300 index has set a torrid pace, buoyed by fresh credit infusing the country’s financial system.
- Reuters•6 days ago
Retail stocks power European shares for fifth day
European shares rose on Tuesday as Zalando's upbeat results boosted the retail sector and data out of China added to hopes of stabilization in the world's second-largest economy. The pan-European STOXX 600 index gained 0.3 percent by 0735 GMT, up for the fifth day with most bourses in the region higher and Germany's DAX leading gains. Zalando jumped more than 10 percent, making it the top performer on the STOXX and DAX, after the e-commerce company said it expected to post an operating profit for the first quarter.
- CNBC•6 days ago
European markets open slightly higher ahead of earnings and data
European markets were little changed after the opening bell on Tuesday, as cautious investors awaited a fresh round of U.S. corporate earnings. Several U.S. banks are set to report their first-quarter revenues this week after underwhelming results from Goldman Sachs and Citigroup on Monday.
- Investing.com•6 days ago
StockBeat - Europe at Nine-Month High on Signs of Chinese Rebound
By Geoffrey Smith
- FX Empire•6 days ago
European Equities: Majors Eye More Gains on Trade Optimism
Hopes of a U.S – China trade agreement deliver support early. Will there be a renewed sense of optimism in Germany and the Eurozone?
Associated Press•6 days agoAsian shares mixed after lackluster Wall Street session
TOKYO (AP) — Shares were mixed Tuesday in Asia in mostly narrow trading in the absence of any major market-driving news.
- CNBC•7 days ago
Europe stocks higher amid optimism over trade talks, US bank earnings
Market focus is largely attuned to corporate earnings, with several companies set to release their first-quarter results this week. Elsewhere, investors continue to monitor developments in the U.S.-China trade talks. European stocks were mostly higher Monday as investors monitored corporate earnings and developments in U.S.-China trade talks.
- FX Empire•7 days ago
Economic Data v Earnings. Which Will Come out on Top?
The respective influences of economic data and earnings will be under debate as earnings season kicks in. Stats are weakening, yet earnings are not…
- FX Empire•8 days ago
European Equities: Majors Set to Open in the Green, with Earnings in Focus
A lack of economic data leaves corporate earnings in focus. Early support came from Asia, with little in the way of a positive start to the week.
- FX Empire•10 days ago
Risk Mode is ON again
Long time, no see, when data from China sparked such a strong movement on the market.
- FX Empire•10 days ago
European Equities: A Fall in China Imports Will Test Sentiment ahead of Earnings
A larger than expected slide in China imports raised a red flag for the European majors. Earnings will need to impress through the day…
- CNBC Videos•10 days ago
Here's why traders think everything is awesome again as we head into earnings season
Stocks near all-time highs. Is everything awesome again? With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Steve Grasso, Karen Finerman and Guy Adami.
