Dusseldorf The German stock market is surprisingly robust. Despite losses on the US markets, the Dax was up 0.4 percent in the first hour of trading and is trading at 15,426 points.
The discrepancy between the domestic stock market barometer and the US stock market indices is amazing. While the leading German index gained around nine percent in the first two months of the stock market year, the Dow Jones 30, which is also industrial-heavy, fell by around 1.5 percent during this period and reached a new low for the year at 32,636 points yesterday, Tuesday.
The S&P 500 closed slightly lower on Tuesday at 3,970 points. Although the Nasdaq technology index has gained around ten percent since the beginning of the year, it has already fallen three percent since the beginning of February.
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