Market Report: Good Guidelines for the DAX
6 Articles
6 Articles
The specifications from the USA and Asia are quite good, which should help the DAX to a cautiously positive start. Above all, however, the uncertainty about the Nvidia numbers in the evening hovers.
European stock markets closed higher, except for France, boosted by positive data from Germany and falling energy prices. As the DAX approaches its all-time high, attention is now focused on Nvidia's earnings report and the Federal Reserve Chairman's speech.
The main European stock exchanges are mostly closed upwards after the improvement of Germany's business climate and GDP, while France is still awaiting the fiscal debate.
The DAX rose on Tuesday. At the close of Xetra trading, the index stood at 26,266 points, a gain of 0.6 percent compared to the previous day's close. After a positive start, the DAX climbed until midday and then largely maintained its level. "An upward revision of the German economic growth rate for the second quarter and a better-than-expected Ifo Business Climate Index fueled buying sentiment in Frankfurt today and made for a positive second t…
Relative calm returned to the markets on Tuesday as bond yields stabilized. Semiconductor stocks are rallying again, while software stocks, which have recovered strongly, are facing a performance test.
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