Corporate earnings are one of the key factors in how stock prices develop.
(Photo: dpa)
Frankfurt The back and forth at the end of the week shows how nervous investors are at the moment. The German share index (Dax) initially rose to an all-time high of 16,331 points on Friday, leaving the previous record reached in November 2021 behind. However, the leading index ended trading slightly lower at 16,275 points, a daily increase of 0.7 percent.
Investor skepticism increased when the media reported a pause in negotiations in the US debt dispute. The most important US indices also slipped into the red.
There is a dispute about raising the debt ceiling in the USA from the current figure of $31.4 trillion. According to the Treasury Department, if no agreement is reached, the United States could face insolvency from June, which would shake the global financial system.
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