DAX Falls On US Stimulus Uncertainty
German stocks edged lower on Wednesday, with mixed earnings updates and growing uncertainty over whether U.S. lawmakers would agree on an additional round of big fiscal stimulus weighing on markets.
The benchmark DAX dropped 34 points, or 0.27 percent, to 12,911 after rallying 2 percent in the previous session.
Freenet soared 13.5 percent after announcing customer growth and increase in earnings in the first half of 2020.
Bechtle lost 3 percent. The company reported a rise in Q2 profit and confirmed its full-year outlook.
GEA declined 1.7 percent after reporting a fall in Q2 revenue.
Salzgitter edged down slightly after widening its Q2 loss.
Evotec lost 2 percent after its first-half profit declined.
Leoni surged 5 percent. The company said it has seen a gradual recovery in its customers' production since April.
Reprinted from RTTNews，the copyright all reserved by the original author.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
-THE END-