The leading German index has already reached several new record highs this year.
(Photo: Bloomberg Creative / Getty Images [M])
Dusseldorf The start of two extremely eventful trading days was successful. Stockbrokers are happy about the interest rate decision of the US Federal Reserve, which was published yesterday, Wednesday after the stock market closed in Germany. Even if the Fed’s decisions were at the upper end of the range of expectations, they were not outside of expectations. And that’s what counts in the market. The uncertainty is now over.
The Dax rose in the first hour of trading by 1.6 percent to 15,726 points, an increase of 250 points. On Wednesday yesterday, the German benchmark index closed trading at 15,476 points, 0.2 percent firmer. The Fed’s more aggressive approach to tightening US monetary policy already gave Wall Street a boost on Wednesday yesterday.
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