ROUNDUP: Lack of Chinese tourists is slowing down L’Oreal surprisingly significantly PARIS – The weak demand in North Asia slowed down the French cosmetics group L’Oreal surprisingly significantly in the final quarter. A decline in consumption by Chinese tourists was particularly noticeable, which was particularly reflected in the luxury care sector. Although L’Oreal was able … Read more
NEW YORK (dpa-AFX) – Softer than hoped for US inflation data was very well received by investors ahead of the market on Tuesday. The indication of the IG broker for the Dow Jones Industrial it rose to 34,943 points three quarters of an hour before trading began. The main US index is therefore expected to … Read more
NEW YORK (dpa-AFX) – Wall Street is trying to recover on Thursday after the setback caused by interest rate fears. With two hours to go, the Dow Jones Industrial, which had already stabilized the day before, moved higher by 0.61 percent to 33,801.19 points after the main index lost nearly three percent since the end … Read more
NEW YORK (dpa-AFX) – A surprisingly robust US labor market, with wages and salaries soaring, threatens the weekly balance of the main Dow Jones Industrial index on Friday mess up. According to observers, the US Federal Reserve may feel compelled to continue drastically raising interest rates to calm the job market. Prior to this scenario, … Read more
NEW YORK (dpa-AFX) – Before the weekend, US stock markets reacted surprisingly well to a surprisingly positive job market report and the prospect of further interest rate hikes. After a setback in the Dow Jones Industrial From 1% at the start of trading, the main index even turned positive in the final hour of trading … Read more
NEW YORK (dpa-AFX) – The US stock market recently gave way on Monday during quiet trading. The Dow Jones Industrial lost 0.29 percent to 32,750.93 points. The market-wide S&P 500 slipped by 0.50 percent to 4109.63 points. The Nasdaq 100, which is predominantly stocked with technology stocks was 0.30 percent lower at 12,909.18 points. Economic … Read more
NEW YORK (dpa-AFX) – After the strong recovery on Friday, there were further gains on the US stock exchanges at the beginning of Monday. Corporate news, which was largely received positively and which came primarily from the banking sector, was driven by Goldman Sachs figures. Price gains at Boeing also helped the Dow Jones Industrial … Read more
NEW YORK (dpa-AFX) – After initial price gains, the US stock exchanges came under pressure on Tuesday. Traders justified the losses with renewed fears of a recession. In particular, the technology stocks, which are considered to be high-growth, went downhill noticeably. After the starting bell, the leading index Dow had risen to its highest level … Read more
NEW YORK (dpa-AFX) – On Friday, the US stock market continued the recovery that started late the previous day with momentum. Market observers currently think it is conceivable that the US Federal Reserve could take its foot off the gas a bit on its rapid rate hike course if the economy slides into recession and … Read more
NEW YORK (dpa-AFX) – On Friday, the US stock market continued the recovery that started late the previous day with a lot of momentum. Market observers currently think it is conceivable that the US Federal Reserve could take its foot off the gas a bit on its rapid rate hike course if the economy slides … Read more