Dax continues to rise – investors are apparently afraid of missing the year-end spurt

Dusseldorf In the stock market, more risk is the order of the day. Apparently no investor wants to miss the current year-end spurt. Accordingly, the Dax continues to rise and is 0.2 percent in the first hour of trading and is traded at 15,481 digits. The German benchmark index closed yesterday, Wednesday, 1.4 percent higher at 15,447 points. More risk also means that, in return, bond prices have been falling since Tuesday, which means that yields have risen. And the gold price has also been falling for two days.

This fear of missing the end of the year is also reflected in the two upward price gaps that were torn both yesterday, Tuesday and at the start of trading today, Wednesday. These gaps (technical jargon: “gap”) arise when the lowest point of the trading day is above the highest point of the previous day. So few investors are willing to sell at a suddenly higher level.