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
The situation is similar to the S&P 500 across the market, which just missed its record the previous day. It finally rose 0.47 percent to 5,842.47 points on Wednesday. The tech-heavy Nasdaq 100, which was particularly weak on Tuesday, rose just 0.07 percent to 20,174.05 points midweek. It was dampened by the mixed price development … Read more
APA ots news: Volksbank half-year results: Solid basis for supporting the domestic economy With a solid half-year result, the Volksbanken-Verbund provides the basis for further support of domestic economy. Vienna (APA-ots) – After the unique record year of 2023, the Volksbanks under Taking into account the changed economic environment for this year again ambitious goals. … Read more
Most of the European stock market environment also went deeper into the weekend – overnight drone attacks on Iran had caused anxiety in the markets since the beginning of the session. The international community called on Iran and Israel and their allies to avoid escalation in the Middle East. “It is absolutely essential that the … Read more
wienerberger secures attractive long-term financing until 2033 EQS News: Wienerberger AG / Key word(s): Strategic Corporate decision wienerberger secures attractive long-term financing until 2033 09.04.2024 / 08:30 CET/CEST The issuer/publisher is responsible for the content of the message. wienerberger secures attractive long-term financing until 2033 * New credit line of EUR 600 million is used … 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
NEW YORK (dpa-AFX) – The US jobs report for July caused optimism on Wall Street and the Nasdaq stock exchanges on Friday. Increasingly, the mixed data has been interpreted as suggesting the end of the rate hike cycle may be near. As LBBW analyst Dirk Chlench wrote, a weakening is slowly emerging on the labor … Read more
BUENOS AIRES (dpa-AFX) – Argentina, which is highly indebted, has taken out a multi-million dollar loan from Qatar to pay interest owed by the International Monetary Fund (IMF). The South American country borrowed 775 million US dollars from the emirate in the form of special drawing rights, the government in Buenos Aires announced on Friday. … Read more
NEW YORK (dpa-AFX) – After the recent strong run on the US stock market, the most important indices remained stable on Monday. Hopes of an end to interest rate hikes by the US Federal Reserve boosted the stock exchanges over the course of the month, meaning that profits should be posted for July. The reporting … Read more
NEW YORK (dpa-AFX) – The US stock market lost some of its strength in trading before the weekend. However, the technology sector once again held up well above average. The Nasdaq 100 Although it came back a little after another high since the beginning of April 2022, it still maintained a plus of 0.6 percent … Read more