The leading German index has already reached several new record highs this year.
(Photo: Bloomberg Creative / Getty Images [M])
Dusseldorf Waiting is the motto of investors on the Frankfurt Stock Exchange on Thursday. The Dax started a little weaker and then settled in the range between 15,660 and 15,720 points. At noon, the German benchmark index is 0.1 percent in the red at 15,690 points. The reluctance is typical on a day on which the European Central Bank (ECB) meets – at noon it will announce its key rate decision.
The Dax already took a break on Wednesday and had fallen slightly by 0.3 percent to 15,705 points by the end of trading. And Wall Street also ended its soaring: The Dow Jones lost 0.7 percent to 35,490 points on Wednesday, the Nasdaq technology index hit the ground at 15,235 points.
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