Market Report: DAX Approaches Record High
9 Articles
9 Articles
The victory of the DEMOcrats in the U.S. interim elections has spurred the stock exchanges worldwide, the Dax has cracked its record high from the end of August. Investors are hoping for a relaxation in the Middle East, also the oil price declined.
The Dax broke its record high at the end of August. The German leading index rose by 0.7 percent in the top on Thursday to 26,626 counters. The victory of the Democrats in the U.S. interim elections had boosted the stock markets worldwide. Investors relied on a relaxation in the Middle East, which depressed oil prices and alleviated inflation concerns. More in brief
After the US interim elections, the euphoria on the stock exchanges is great: the DAX is getting closer and closer to its record high. Also helpful is the falling oil price, which could reduce inflationary pressure.
The shift in power relations in the US creates a cheering mood on large parts of the stock market. The most important indices are growing strongly. Whole industries are breathing up. Late in the day, US-Vize Vance still pushes the oil price properly. But there are also losers.
The blue wave is followed by erratic price fluctuations with a new record in the DAX. Wall Street also celebrated the result of the US interim elections with a strong recovery: all major indices are too strong. Dow Jones won 3.03%, the S&P 500 1.58% and the Nasdaq 100 0.91%, with the market width with 373 winners, 126 losers and three unchanged values in the S&P 500 clearly positive. The big difference between the segments already indicates that…
The victory of the Democrats in the U.S. interim elections has caused euphoria on Wall Street. This could also spur the German leading index on Thursday. Rheinmetall is under pressure after a profit warning.
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