Dax puts the turnaround in interest rates away – but for how long?

Dax companies in good shape

But higher interest costs make it difficult for companies to repeat their good results.

Dusseldorf The stock markets are once again robust: The ninth interest rate hike in the USA in just one year, which was completed late on Wednesday evening, passed almost silently on the stock exchanges.

On Thursday, the Dax was almost at the previous day’s level and ended trading slightly in the red at 15,210 points. Europe’s stock markets were supported by resilient Wall Street. Two hours after the start of trading, the Dow Jones in the USA was up around one percent.

At its current level, the most important German stock market barometer is a good nine percent higher than on March 15, 2022 – one day before the American Federal Reserve took the first interest rate hike.

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