Stock exchange in Frankfurt: US labor market could give Dax impetus

Stock exchange in Frankfurt: US labor market could give Dax impetus

Standstill before the highlight of the week is the motto on the German stock market on Friday morning. In the early afternoon, the US Department of Labor released the August Employment Report.

Standstill before the highlight of the week is the motto on the German stock market on Friday morning. In the early afternoon, the US Department of Labor released the August Employment Report.

Observers are hoping to draw conclusions about the point in time when the Fed will tighten the reins of monetary policy again. Quite a few market players then expect headwinds for the global stock exchanges.

In the first few minutes of trading, the Dax stood almost on the spot with 15,844 points. The feeders had already switched to waiting mode the day before. The German benchmark index also treads on the spot on a weekly basis. The record high of 16,030 points in mid-August was recently too high a hurdle. The MDax of the 60 medium-sized stock market values ​​showed minus 0.07 percent to 36,250 meters like the Dax hardly moved.

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