Dusseldorf There is still a friendly mood on the German stock market, even though the Dax has given back its initial gains. In morning trading, the leading index was unchanged at 14,316 points.
Such a reaction after weak specifications from the USA shows how strong the ongoing upward movement on the German stock market is. Yesterday, Monday, the Dow Jones index, which also has an industrial focus, lost around one percent in the last hour of trading and closed with a minus of 0.6 percent. Fed banker Christopher Waller put a damper on speculation that the US Federal Reserve would raise interest rates less aggressively.
Yesterday’s trading day in Frankfurt brought a new high of 2500 points since the end of September with 14,431 points. Even if the stock market barometer is considered susceptible to consolidation due to the rapid increase: If the Dax rises above the daily high on Monday, the 14,709 point mark is the next target. This is where the high for the stock market month of June is.
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