The leading German index has already reached several new record highs this year.
(Photo: Bloomberg Creative / Getty Images [M])
Dusseldorf The German stock market is running out of breath at the end of the week. After a friendly start, the Dax fell by 0.4 percent towards the end of trading and stood at 15,210 points. As recently as yesterday, Thursday, the German benchmark index fell by more than 200 points and closed at 15,263 points, a decrease of 1.4 percent.
Disappointing US labor market data
The US economy created far fewer jobs than expected in November. The number of people employed outside agriculture increased by just 210,000 that month. Experts had predicted the creation of 550,000 new jobs outside of US agriculture in November. This is the lowest job growth in the calendar year to date.
But what makes it difficult to interpret the numbers: The unemployment rate has fallen significantly, the minus of 0.4 percent does not match the low number of newly created jobs. The unemployment rate in the US has thus reached a new post-pandemic low.
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