Dusseldorf After a friendly start, profits on the German stock market are melting away again. The Dax is unchanged at 13,270 points in the morning, the daily high is 100 points higher. In anticipation of further interest rate signals from the US Federal Reserve, the leading index closed 0.4 percent higher at 13,271 points on Thursday. Wall Street had also closed firmer.
The Dax has been in a downward movement since last Tuesday. At that time, the leading index climbed to 13,947 points, the highest price since mid-June. On Wednesday of this week, the stock market barometer slipped to 13,088 points, the previous low point of this downward movement.
The plus signs at the end of this week coincide with slightly falling bond market yields. This value for a ten-year US government bond is not 3.12 percent as it was on Wednesday, but currently only 3.05 percent.
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