Dax continues to rise – domestic professionals go into the new quarter without any major risk

Dusseldorf The German stock market continues to improve. The Dax rose in the morning by 0.1 percent to 15,386 points. As recently as yesterday, Wednesday, the leading index closed 0.8 percent higher at 15,365 points.

The reason for the plus on Thursday: The US shutdown is likely to be off the table. Observers expect the Democrats, who hold thin majorities in both houses of Congress, to pass a provisional budget at the last minute. For Thomas Altmann from the investment house QC Partners “this problem was solved before it could have become a burden for the stock exchanges”. However, this likely financing deal only lasts until December 3rd. “The problem could therefore arise again in time for Christmas,” says the asset manager.