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Key PointsAlthough the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite have been virtually unstoppable, elevated inflation has become a serious problem for stocks.
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(RTTNews) - Deutsche Telekom AG (DTE.DE, DTEGY) reported Thursday higher third-quarter results, benefited by improved performance mainly in Germany and US.
In the second quarter, from July-September, net profit was down 29% to 73.5 billion yen (US$465.3 million) -- missing estimates of 82.2 billion yen in a Bloomberg survey of analysts.
In the second quarter, from July-September, net profit was down 29% to 73.5 billion yen (US$465.3 million) -- missing estimates of 82.2 billion yen in a Bloomberg survey of analysts.
(RTTNews) - European stocks traded higher on Thursday, extending gains from the previous session as retreating energy costs helped ease inflation and rate hike concerns.
ABB Engineering (Shanghai) is home to ABB's global robotics headquarters.
Key PointsThe S&P 500 stock market index hasn't been this expensive since the dot-com internet bubble in the lead up to the year 2000.
