German stocks are snapping a five-day losing streak and are up firmly in positive territory on Thursday, with stronger-than-expected earnings update and outlook from Nvidia easing concerns about valuations of AI-related companies.Meanwhile, investors awaiting U.S. jobs data for possible clues about Federal Reserve's interest rate moves.The benchmark DAX, which climbed to 23,454.15, was up 198.51 p...
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Market Analysis
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.