Now new companies are driving the courses, but hardly anyone registers them, describes Handelsblatt editor Andreas Neuhaus.
Frankfurt A year ago that would have been unthinkable: The shares of tech giants like Amazon, Google parent Alphabet, Microsoft and Facebook parent Meta are crashing without dragging the overall market down – instead the Dow Jones index is the US -Defaults up six percent over the past week.
The Dow Jones fell 0.3 percent in Monday’s trading, but held up better than the Nasdaq Composite technology index, which fell 0.8 percent. On a monthly basis, the plus is still around 14 percent.
The development of the Dax is similar to that of the Dow Jones. The leading German index closed on Monday up 0.1 percent at 13,254 points. He was unimpressed by the unexpectedly significant increase in inflation rates in the euro zone, which makes further significant interest rate hikes by the European Central Bank more likely.
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