U.S. stocks opened lower on Tuesday, weighed down by worries over the impact of a protracted U.S.-China trade spat on company earnings and lowered expectations of a sharp interest rate cut later this month.
French carrier Air France said on Tuesday it was against the government’s plan to introduce an ecological tax on air transport, saying the measure would significantly penalise its competitiveness.
…cut to “reduce” at Commerzbank; Deutz cut to “hold” at Kepler Cheuvreux; Diageo cut to “hold” at Kepler Cheuvreux; Drax raised to “neutral” at Credit Suisse; Enagas cut to “sell” at Deutsche Bank ; FNG cut…
Wall Street was set for a lower open on Tuesday as investors fretted over a hit to earnings from the protracted U.S.-China trade dispute and lowered expectations of a big rate cut by the Federal Reserve later this month.
Shares in Deutsche Bank, Germany’s embattled biggest lender, continued to decline in trading on Tuesday, as analysts said the jury was still out on the massive restructuring announced at the weekend.
U.S. stocks traded mostly lower on Tuesday as investors remain concerned about the impact on earnings that a protracted U.S.-China trade dispute will have.
Shares of Bajaj Finance rallied 6 percent intraday on July 9 after the company reported the highest loan growth in the last 11 quarters.
German chemical giant BASF cut its business outlook for 2019 and is expecting profits and turnover to decline in the current year, the company has announced on Monday evening local time.
Mumbai, Jul 9 () The rupee Tuesday recovered by 15 paise to close at 68.51 against the greenback on fag-end selling of the US currency by banks and importers in line with late recovery in domestic equities.
World stocks fell for a third straight day on Tuesday after a stinging warning from German chemicals giant BASF about the effects of the global trade war and as hopes dwindled of a hefty U.S. interest rate cut this month.