Low-profit online retailers like Delivery Hero were in demand in the Dax, which shows that investors are quite willing to take risks.
(Photo: dpa)
Frankfurt Global equity markets are surprisingly stable despite the war in Ukraine and the prospect of tighter monetary policy. The globally relevant US index S&P 500 was down five percent at the end of the quarter compared to the beginning of the year, but had already recovered from its low of minus 12.5 percent. European stocks and the global index MSCI World showed similar trends.
On Friday there was robust data from the US jobs market. Unemployment fell to 3.6 percent and the number of newly created jobs was slightly below expectations. Investors saw this as evidence of a good economy and thus also for the stock market. Overall, the markets in Europe and the USA remained just in the green.
Low-profit online retailers like Delivery Hero were in demand in the Dax, which shows that investors are quite willing to take risks. Bank stocks did well across Europe, but poorly in the US.
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