Dax loses 150 points at the beginning – interest rate turnaround is within reach according to Fed protocols

Dax curve

The leading German index had reached several new record highs in the last year of the stock market.

(Photo: Bloomberg Creative / Getty Images [M])

Dusseldorf The German benchmark index is initially saying goodbye to its ambitions for a new record high. In the morning, the Dax slipped by around 200 points to 16,061 points, a decrease of 1.3 percent. On Wednesday yesterday, only five points were missing to reach the German share barometer’s record of 16,290 points. At the close of trading on Wednesday, the leading index Dax was up 0.7 percent at 16,271 points.

This setback should not come as a surprise to any investor, even if the downward trend has been much more pronounced in the meantime. Over the counter, the Dax was already traded at 15,970 positions. In just eleven trading days, the index has risen by more than 1200 points. During this period there was only one trading day that ended in a minus.

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