Tag: DAX

US Stock Market Soars After Inflation Data Cooler Than Expected

December 13, 2022
Britain's FTSE 100Business & Marketsconsumer price index (CPI)DAXDow JoneseconomyinflationMarketsNASDAQS&P 500 benchmarkstocksSTOXX 50US
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The U.S. stock market jumped on Tuesday as the Consumer Price Index (CPI) data came in lower than expected, boosting investor expectations that inflation might ease down in the near future. The 12-month CPI for November came in at 7.1 percent, down from 7.7 percent in October. It was the fifth straight monthly decline after…

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World Shares Mixed After Broad Slide on Wall Street

September 29, 2021
Asia & PacificBusiness & EconomyChinaChina Business & EconomyCompaniesDAXEconomieseconomyEuropeevergrandeHK BusinessHong KongInternationalInvestmentLocal NewsMarketsMixedNew YorkNikkeiNY NewsRegional-Local NewsSharesTexasUSUS NewsWall StreetWorld
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Shares rose Wednesday in Europe after sharp declines in Asia that tracked a broad slide on Wall Street on jitters over rising prices and surging U.S. government bond yields. A swift rise in Treasury yields is forcing investors to reassess whether prices have run too high for stocks, particularly the most popular ones. On Tuesday,…

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Porsche, Puma to Join Germany’s DAX as Index Expands

September 4, 2021
Business & EconomyCompaniesDAXEuropeGermanyInvestmentMarketsPorschepumaWorld
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FRANKFURT—German carmaker Porsche and sportswear maker Puma will join the nation’s premier DAX stock index, as it expands to 40 from 30 companies in the biggest overhaul of its 33-year history, the exchange operator Deutsche Boerse said on Friday. The expansion, contemplated for years, got a push in reaction to the collapse of German payments…

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