Dax closes in the red after US inflation data – Siemens Healthineer’s biggest daily loser

Dusseldorf On the German stock market, trading with the US inflation data only gave momentum for a short time. After the figures were published, the Dax initially rose to 15,984 points, but sales then began. At the end of trading, the leading index closed 0.4 percent lower at 15,896 points. The US stock exchanges were mixed in the course of trading.

Surprisingly, inflation in the USA continued to fall. The inflation rate for goods and services increased by only 4.9 percent in April after 5.0 percent in March, the Labor Department announced in Washington on Wednesday. Experts polled by Reuters news agency had expected the reading to be flat after inflation fell a full point in March.

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