Siemens
US equities retreat as S&P 500 slips 0.75%
Treasury yields rise, dollar strengthens amid global bond selloff and elevated inflation risks.
DAX slips below 26,000 as oil prices stay high and markets await ECB decision
The German benchmark index fell 0.24% to 25,983 points, while the MDAX rose 0.23% to 32,429. Brent crude hovered just under $97 a barrel and the ECB is set to raise rates to 2.5% on Thursday.
German stocks set for modest gain ahead of Jackson Hole; Nvidia rallies on earnings
Dax futures point to a 0.3% rise as Nvidia's quarterly results exceed expectations, lifting chipmakers and tech peers. Fed's preferred inflation gauge remains elevated ahead of central bank symposium.
Swiss SMI edges up 0.12% as Roche, Novartis weigh on blue chips
Amrize and Holcim lead gains in the SMI, while Stadler Rail surges 22% on strong half-year results. US PCE inflation ticks up to 3.7%, lifting September Fed hike odds to 40%.
German DAX hits record high after Fed’s Warsh signals rate hike risk
German blue-chip index climbs 0.77% to fresh peak after US central bank chief warns of inflation fight; automakers and chemicals lead gains. Euro Stoxx 50 advances 0.95% as risk appetite persists.
M&G appoints Daiichi Life executive as non-executive director
Hitoshi Yamaguchi joins M&G’s board as part of a strategic partnership with Daiichi Life Group. The appointment strengthens ties between the insurers and takes effect in September 2026.