The Dow ended the day 0.31 percent lower at 44,722.06 points, after climbing to 45,003 points shortly after the start of trading. Its year-to-date profit is currently 18.7 percent. The S&P 500 fell 0.38 percent to 5,998.74 points on Wednesday, almost completely giving up its biggest gains since the previous day. Its current annual increase … Read more
ROUNDUP: Next iPhones and computer watch expected from Apple CUPERTINO – Apple is about to present its most important iPhone in years. The new models, which are expected to be presented to the public on Monday evening, are intended to catapult the company into the AI era. For users in the European Union, however, things … Read more
New Nestle boss wants to improve performance after poor figures – share falls VEVEY – The Swiss food group Nestlé has unexpectedly replaced its boss. The new company leader and company veteran Laurent Freixe now wants to improve performance again and gain market share. In the past few quarters, the food multinational had disappointed with … Read more
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
ROUNDUP: BASF boss changes in troubled times: Kamieth moves to the top LUDWIGSHAFEN – The world’s largest chemical company BASF is getting new management: Asia boss Markus Kamieth (53) will replace long-time group leader Martin Brudermüller after the general meeting of the Ludwigshafen Dax group in April 2024. The 62-year-old’s farewell had been planned for … Read more
ROUNDUP 2: Financial investor Silver Lake wants to take over Software AG – price jump DARMSTADT – US financial investor Silver Lake wants Software AG after investing a good year ago take over now. The Americans, who specialize in technology companies, are offering shareholders 30 euros per share, as they announced on Saturday night. Silver … Read more
NEW YORK (dpa-AFX) – The recovery in the Dow Jones Industrial from Thursday, losses will follow at the end of the week. The pre-market price fluctuations had already shown how unsettled investors remain despite all the measures taken to contain the crisis in the US regional banks. In addition, there is the long expiry date … Read more
NEW YORK (dpa-AFX) – On the US stock market, technology stocks are likely to remain on the upswing on Thursday. The Nasdaq 100 index was rated 1.7 percent higher at 12,574 points by the trading house IG three quarters of an hour before the start. After yesterday’s interest rate decision, there is still hope in … Read more
NEW YORK (dpa-AFX) – The New York stock exchanges made up a lot of ground on Tuesday after a weak start to the week. Thanks to a final spurt, the standard value indices even more than made up for their losses from the previous day: During the Dow Jones Industrial The S&P 500 gained 1.09 … Read more
NEW YORK (dpa-AFX) – The start of the stock market week for the central banks and the numbers of large US technology giants could fail on Monday. Investors are initially hesitant about major events, particularly in the technology sector. This reacts particularly sensitively to rising interest rates. The US Federal Reserve’s outlook on further interest … Read more