Stock markets close in profit zone - new worries about the banking sector, despite positive quarterly reports. US Federal Reserve calls for changes. Dow Jones and S&P 500 are increasing. Expert warns against restraint. Future of First Republic Bank uncertain. ExxonMobil and Chevron increase quarterly profits. DAX at annual high. Inflation in Germany remains at a high level. Euro rises above 1.10 dollars.
According to a report from www.tagesschau.de, the US stock markets rose at the end of the week thanks to mostly positive quarterly reports from US companies. However, there has also been some unrest in the banking sector, particularly after the collapse of Silicon Valley Bank. This led to new worries and uncertainties among investors. Concerns about the stability of the US financial sector were further fueled by ongoing concerns about the future of the US crisis bank First Republic. The uncertainty is also reflected in the reluctance of investors, as the future steps of the central banks are unclear. This could cause further volatility in the markets. The collapse of three...

Stock markets close in profit zone - new worries about the banking sector, despite positive quarterly reports. US Federal Reserve calls for changes. Dow Jones and S&P 500 are increasing. Expert warns against restraint. Future of First Republic Bank uncertain. ExxonMobil and Chevron increase quarterly profits. DAX at annual high. Inflation in Germany remains at a high level. Euro rises above 1.10 dollars.
According to a report from www.tagesschau.de, the US stock markets rose at the end of the week thanks to mostly positive quarterly reports from US companies. However, there has also been some unrest in the banking sector, particularly after the collapse of Silicon Valley Bank. This led to new worries and uncertainties among investors.
Concerns about the stability of the US financial sector were further fueled by ongoing concerns about the future of the US crisis bank First Republic. The uncertainty is also reflected in the reluctance of investors, as the future steps of the central banks are unclear. This could cause further volatility in the markets. The collapse of three banks since March further reinforces this uncertainty.
The quarterly reports of some companies, such as Amazon and Intel, have also sent mixed signals. While Amazon posted losses despite better-than-expected quarterly figures, Intel surprised with a solid quarter despite its highest ever loss. These mixed signals could lead to further volatility in the technology market, particularly in terms of sentiment in the tech sector.
In addition, the quarterly reports from oil giants ExxonMobil and Chevron showed positive results, which contributed to a strengthening Wall Street. In Germany, price inflation continues to weaken at a high level, but import prices indicate a positive decline.
Given this data, it is likely that the Fed and European Central Bank will raise interest rates further next week. These interest rate hikes, combined with financial sector uncertainties and mixed quarterly reports, could impact investment and credit, which could ultimately hurt economic growth.
In Germany, gross domestic product stagnated in the first quarter compared to the previous quarter, which shows that the economy is not at rock bottom, but is not showing any strong growth signals either.
All in all, these factors could lead to continued volatility in the markets, especially in light of the upcoming decisions by central banks on the future course of interest rates.
It remains to be seen how the markets will perform in the coming weeks, especially given the ongoing uncertainties and mixed signals across various sectors.
Read the source article at www.tagesschau.de