Dax suddenly has record high within reach – to the surprise of the professionals

Dusseldorf The record high on the German stock market is in the immediate vicinity. Driven by hopes of an agreement in the US debt dispute, the Dax rose to as much as 16,230 points on Thursday, just 60 points below the historic record of November 2021.

Only the cautious opening of Wall Street dampened the mood. The leading index ultimately closed 1.3 percent higher at 16,163 points. The jump over the previous record could happen soon.

Overall, there was hardly any impetus on Thursday. As usual on public holidays, the trading volume was manageable at just under 55 million papers. Nevertheless, on such days only a few buyers and sellers are enough to steer the market clearly in one direction.

With the steep rise on Thursday, the several weeks of calm on the markets seem to be coming to an end. On the top side, the 16,000 point mark has been a very high hurdle so far.

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