DAX and Co. in an upward trend: stock market gains despite uncertainty - analysis by financial expert.
According to a report from www.finanzen.net, the leading German index was higher on Wednesday. The DAX opened with a loss, but recorded an increase of 0.51 percent to 15,229.60 points over the course of the day. The TecDAX also lost at the start of trading, but moved up and gained 0.70 percent to 2,993.62 points. Overall, there was a certain degree of uncertainty on the stock markets. Stock market investors doubted at times whether the US Federal Reserve's cycle of interest rate hikes was really over after some central bankers made hawkish statements. This uncertainty led to restraint on the US and Asian stock markets. The reporting season in Germany, on the other hand, was positive, with...

DAX and Co. in an upward trend: stock market gains despite uncertainty - analysis by financial expert.
According to a report by www.finanzen.net, the leading German index was higher on Wednesday. The DAX opened with a loss, but recorded an increase of 0.51 percent to 15,229.60 points over the course of the day. The TecDAX also lost at the start of trading, but moved up and gained 0.70 percent to 2,993.62 points.
Overall, there was a certain degree of uncertainty on the stock markets. Stock market investors doubted at times whether the US Federal Reserve's cycle of interest rate hikes was really over after some central bankers made hawkish statements. This uncertainty led to restraint on the US and Asian stock markets. The reporting season in Germany, on the other hand, was positive, with a flood of company reports from the first and second stock market leagues.
There was also restraint on the US stock exchanges, with the Dow Jones Index ending with a slight loss, while the NASDAQ Composite recorded a small gain. Earnings season was in focus, with companies like Rivian, Lucid, eBay, Robinhood and GoPro.
The Asian stock markets fell moderately due to uncertainty about monetary policy in the USA and possible measures by the Bank of Japan.
This uncertainty on global stock markets could lead to volatile trading days and impact the markets. Investors should therefore carefully monitor their portfolios and be prepared for possible developments on the various stock exchanges.
Read the source article at www.finanzen.net