Market Report: Can the DAX Defend the 26,000?
4 Articles
4 Articles
The German stock market falls below 26 000 points on Friday morning, after reaching the highest level since the beginning of September the day before. Investors question the AI boom.
The leading index had the chance to have a perfect week – five trading days with profits after closing. But on the last day of the week, investors run out of breath and the Dax slips into a minus.
The DAX has once again skipped the 26,000 mark. However, weak figures from Intel and Amazon are not expected to please investors. The German leading index could fall slightly back to the start of trading.
Weak Wall Street targets and sharp price losses at Intel and Amazon, as well as rising oil prices, spoil the mood of investors. The Dax will first decline on Friday. Bayer shares are the focus.
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Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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