Suche
Mein Konto
Friendly US guidelines: DAX starts strong in the last trading day (88 characters)
Recovery on the US stock markets provides a boost for the DAX. Read how the US Federal Reserve meeting affected the market. Immerse yourself in the world of finance!
Friendly US guidelines: DAX starts strong in the last trading day (88 characters)
The recovery of the US stock markets after the meeting of the US Federal Reserve has a positive impact on the German leading index DAX. At the start of the last trading day of a weak week, the DAX recorded slight gains. The index was 0.3 percent higher at 17,955 points, just above the important 50-day average line. Nevertheless, the weekly minus currently remains at 1.1 percent. HSBC experts describe trading the day before as tired as there was a lack of dynamic movement. The specifications from the USA, which showed positive developments, are giving the DAX new tailwind.
In the USA, investors reacted with relief to the Fed meeting, in which Fed Chairman Jerome Powell dampened hopes of imminent interest rate cuts. The US Federal Reserve is trying to curb inflation and cool the labor market. An important indicator will be the US labor market report due today. The stock markets in Asia recorded rising prices, particularly in Hong Kong with an increase of 1.1 percent. The euro was trading stable above the $1.07 mark in the morning. Oil prices recovered slightly from their losses, but prices have fallen by around five dollars since the beginning of the week.
Companies such as RWE and Audi published business figures, with Audi recording losses in the first quarter. Other companies such as Krones and Daimler Truck, however, showed slight increases in profits. Coinbase recorded a significant net profit thanks to brisk trading in cryptocurrencies. Sony joined the bidding war for Paramount, while Peloton announced further job cuts. Apple is planning announcements in the area of artificial intelligence and new product offensives in the coming weeks.