Some disappointing quarterly figures from US technology companies did not unsettle investors on the German stock market in the middle of the week.
Some disappointing quarterly figures from US technology companies did not unsettle investors on the German stock market in the middle of the week.
Shortly after opening, the Dax was virtually unchanged at 16,973.08 points. This means that the leading index is still only slightly below its record high of just over 17,000 points. The MDax lost 0.19 percent to 25,963.60 points. The EuroStoxx, the leading index for the Eurozone, stagnated.
What happens next on the stock markets now also depends on the US Federal Reserve Bank. Investors hope that the interest rate decision in the evening will also provide information about the Fed’s further monetary policy path. The questions hotly debated on the financial markets are when the US monetary authorities will lower interest rates for the first time in a long time and how many interest rate cuts there will be this year.
Source: Stern
