DAX appears friendly according to US job data - financial expert analyzes market developments

DAX appears friendly according to US job data - financial expert analyzes market developments

According to a report by www.finanzen.net, the leading German index strengthened above the 15,000 point mark on Friday. The DAX rose 0.40 percent at 15,203.80 points on Friday and ended the session 0.30 percent higher at 15,189.25 points. US jobs data showed an increase of 150,000 jobs, while economists had expected an increase of 170,000. The unemployment rate rose to 3.9 percent in October. Hopes that US interest rates will reach their peak following the Fed's key interest rate decision also continue, and US technology heavyweight Apple's cautious forecast for the Christmas quarter does not seem to be bothering investors.

The latest US jobs data could potentially have an impact on the market as it came in below expectations. Lower job creation and a rising unemployment rate could unsettle investors and lead to a decline in the market outlook. This could lead to a decline in the DAX and other indices as investors may be reluctant to invest in the market or reduce existing positions. However, hopes of a peak in US interest rates and investors' positive reaction to Apple's cautious forecast could help cushion the impact of weak labor market data. However, if the US labor market data continues to be weak in the next few months, this could lead to a reduction in optimism on the stock markets in the long term.