Wells Fargo CEO: Interest Rates Need to Normalize
DAX
More
-
*MSCI world share index at highest since 2008, DAX at record high. Wall Street edged up at the open, with the S&P touching an intraday high of 1,623.74. If this rotation into cyclical stocks from defensive ones continues, that will be a very healthy sign for us, "said Art Hogan, managing director at Lazard Capital Markets in New York.
-
*Investors await China trade data due on Wednesday. LONDON, May 7- Copper hit a three-week high on Tuesday as last week's strong U.S. report helped fuel hopes that an improvement in the world's largest economy will spur global growth, and as copper stocks trended lower.
-
*MSCI world share index at highest since June 2008, Dax at record high. MSCI's global index, which tracks stocks in 45 countries, edged past its June 2008 highs in Asian trading after Japan's Nikkei stock market, which had been closed on Monday, jumped in a delayed reaction to Friday's U.S. jobs data.
-
LONDON, May 7- European equities nudged higher on Tuesday, with sentiment boosted by a record high in the German DAX index, forecast-beating earnings and prospects of sustained central bank stimulus.
-
LONDON, May 7- European equities nudged higher on Tuesday, bolstered by a crop of better-than-expected corporate earnings and with the German DAX index testing tough technical resistance levels en route to record highs.
-
LONDON, May 7- European equities nudged higher on Tuesday, bolstered by a crop of better than expected corporate earnings and with the German DAX index closing in on record highs.
-
LONDON, May 7- Robust results from heavyweight banks drove European shares to fresh peaks on Tuesday, with Germany's benchmark stock market rising to a record high.
-
NEW YORK, May 7- Major stock indexes in Germany and the United States hit all-time highs on Tuesday after data bolstered expectations that Germany has returned to growth, and a successful bond sale in Portugal indicated the country is on track to exit its bailout.
-
LONDON, May 6- European stocks fell on Monday, consolidating recent gains in a thin market and led lower by German utility E.ON after it traded without rights to its latest dividend. It had ended last week near a two-year peak after strong U.S. monthly jobs data and a European Central Bank interest rate cut.
-
*Thin trading volumes as UK market closed. PARIS, May 6- European stocks stayed within touching distance of multi-year highs in thin trading on Monday, bolstered by stimulus measures from central banks that could drive further gains even as the economy struggles.
-
*Low volumes as UK market closed for public holiday. Trading volumes were thin with the UK stock market, Europe's largest, closed due to a national holiday. "Now that the index crossed above its 2013 high, the mood is definitely bullish," said Guillaume Dumans, co-ahead of 2 Bremans, a Paris- based research firm using behavioral finance to monitor investor sentiment.
-
LONDON, May 6- European stock index futures pointed to a flat open on Monday as key indexes consolidate strong gains from the previous session, with trading expected to be light due to a holiday in Britain, Europe's largest stock market.
-
*Linde rises on good results, bullish outlook. The euro zone's blue chip Euro STOXX 50 index closed 0.5 percent lower at 2,750.52 points, pausing after the previous week's gains when it surged to a near-two year peak of 2,764.17 on strong U.S. monthly jobs data and an interest rate cut from the European Central Bank.
-
Chris Zwermann, global strategist at Zwermann Financial, discusses the performance of the DAX, which reached a new high on Friday.
-
LONDON, May 2- European shares rose on Thursday after an interest rate cut by the European Central Bank, and investors said the ECB's readiness to act further to boost growth would support equities in the near-term.
-
*Wall Street expected to edge higher. LONDON, May 2- The euro and European shares rose on Thursday after the European Central Bank cut rates to an all-time low and investors waited to see whether it has plans for additional, less conventional support.
-
*Worry about weak China demand hits Shanghai copper. LONDON, May 2- European shares eased on Thursday as investors waited to see if the European Central Bank would cut rates and hint at more measures to boost struggling euro zone economies. London's FTSE 100 fell 0.25 percent, Paris's CAC-40 dropped 0.3 percent and Frankfurt's DAX gave up its early gains.
-
At 0602 GMT, futures for Euro STOXX 50, for UK's FTSE 100, for Germany's DAX and for France's CAC were flat to 0.2 percent lower.
-
*Worry about weak China demand hits Shanghai copper. European stock markets were seen tracking Asian shares lower, with financial spreadbetters predicting London's FTSE 100, Paris's CAC-40 and Frankfurt's DAX would open down as much as 1 percent.
-
*MSCI Asia ex- Japan up 0.7 pct, Nikkei hits fresh near 5- yr peak. European stock markets were seen subdued, with financial spreadbetters predicting London's FTSE 100, Paris's CAC-40 and Frankfurt's DAX would open narrowly mixed between a 0.1 percent rise and a 0.1 percent drop.
Most Popular Video
No reason has been given yet for the departure of founder and executive chairman George Zimmer, reports CNBC's Courtney Reagan. Zimmer has long been the face of the company.
Wednesday, 19 Jun 2013 | 10:52 AM ETCNBC's Rick Santelli, explains why he hears 'crickets" when he asks questions about Fed Chairman Bernanke's policies. "Enough is enough," he rants.
Wednesday, 19 Jun 2013 | 11:36 AM ETAre reporters lobbing "softball" questions at the Fed chairman? CNBC's Rick Santelli and the Wall Street Journal's Jon Hilsenrath, debate whether the economy continues to need quantitative easing. I'm trying to inform the public about what the Fed is up to, says Hilsenrath.