Frankfurt, Dusseldorf There is a new record on the German stock market. The Dax exceeded its previous record high on Friday and rose to 16,293 points in the afternoon. The previous record was 16,290 points.
The Dax had approached its previous record with small steps. The signals from the US futures market to a friendly opening of the US stock exchanges gave the index new impetus.
Investors are counting on the victory of common sense in the USA. Hopes that the talks about raising the US debt ceiling will lead to an agreement have recently caused the stock markets to rise significantly.
US President Joe Biden and Republican House Speaker Kevin McCarthy recently reiterated their determination to reach a speedy agreement to raise the debt ceiling and prevent a government default. An agreement could be reached as early as the weekend. The catastrophic scenario of a US payment default would thus be off the table.
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