Market-moving facts: DAX, Tesla, Nordex - This is what investors can expect today

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The stock market at a glance: The most important facts from Tuesday that will move the market. Find out everything about trading activities, DAX forecasts and more here.

Die Börse im Blick: Die wichtigsten Fakten vom Dienstag, die den Markt bewegen werden. Erfahren Sie hier alles über Handelsaktivitäten, DAX Prognosen und mehr.
The stock market at a glance: The most important facts from Tuesday that will move the market. Find out everything about trading activities, DAX forecasts and more here.

Market-moving facts: DAX, Tesla, Nordex - This is what investors can expect today

The stock market this Tuesday, April 9th, 2024, promises some movement as various factors influence the markets. Investors are expected to be slightly cautious on the German stock market, with the DAX showing a slight negative trend, at 18,268 points around an hour before the start of trading. In Asia, the stock markets showed mixed developments on Tuesday. While Japan's Nikkei 225 benchmark index posted a gain, the Shanghai Composite in mainland China and the Hang Seng in Hong Kong lost, resulting in different dynamics.

Tesla plans to avert a lawsuit related to a death related to its “Autopilot” driving assistance system through a settlement. At the corporate level, HSBC is divesting itself of its business in Argentina. Nordex has won contracts for two wind energy projects in South Africa, while Wedbush analyst Dan Ives sees Microsoft's artificial intelligence ambitions as significant, comparable to Apple's iPhone moment.

Furthermore, the Chinese NEV manufacturer BYD is not only competing with Tesla in its home country, but also with other automobile manufacturers such as Nissan, Volkswagen and Toyota. A crypto expert predicts that the current bull cycle will continue for months and take Bitcoin to new levels. Oil prices are barely moving, while the euro is stable against the US dollar on Tuesday morning. It remains to be seen how developments will develop over the course of the day.