DAX PERFORMANCE-INDEX (^GDAXI)
| Previous close | 16,656.44 |
| Open | 16,565.65 |
| Volume |
| Day's range | 16,610.00 - 16,626.81 |
| 52-week range | 13,791.52 - 16,626.81 |
| Avg. volume | 71,615,147 |
- Reuters
GLOBAL MARKETS-Stocks slip, 10-year Treasury yield falls as rate cut timing weighed
A gauge of global equities slipped on Wednesday and was poised for a third straight decline, while longer-dated U.S. Treasury yields fell after economic data kept intact expectations the Federal Reserve has leeway to cut rates next year. U.S. private payrolls rose by 103,000 jobs last month, the ADP National Employment Report showed on Wednesday, below the 130,000 estimate of economists polled by Reuters.
- Reuters
GLOBAL MARKETS-Stocks edge up, 10-year Treasury yield falls as rate cut timing weighed
A gauge of global equities rose on Wednesday following consecutive declines to start the week, while longer-dated U.S. Treasury yields fell after economic data kept afloat expectations the Federal Reserve has leeway to cut rates next year. U.S. private payrolls rose by 103,000 jobs last month, the ADP National Employment Report showed on Wednesday, below the 130,000 estimate of economists polled by Reuters. "Today is a continuation of the macro trend that the market believes the Fed is done hiking," said Joshua Chastant, senior investment analyst at GuideStone Funds, who also noted the market may be too aggressive in pricing in rate cuts.
The TelegraphContainer ship crashes in Suez Canal
A container ship has crashed into a bridge in the Suez Canal, the vital trade route between Asia and Europe.
