Leading index rises above 15,000 points for the first time in eleven months – “DAX pops the corks too much”

Dax curve

How will the leading German index develop in 2023?

(Photo: Bloomberg Creative/Getty Images [M])

Frankfurt The eagerly awaited US inflation data have caused nervousness on the stock exchanges – they fluctuated more than before. Immediately after the data published in the afternoon, the Dax fell to its daily low of 14,935 points on Thursday, and a good half hour later it again marked its daily high of 15,095 points.

With the weaker opening of the US stock exchanges, the Dax initially fell back slightly, but then climbed back to at least 15,065 points – which corresponds to an increase of 0.8 percent.

US inflation rose 6.5 percent year-on-year in December, exactly in line with economists’ forecasts. This is the sixth time in a row that US inflation has risen. The stock exchanges had anticipated the good data early on. The Dax had already cracked the 15,000 point mark in the morning.

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