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Frankfurt Stock Exchange: Dax still close to record high

Frankfurt Stock Exchange: Dax still close to record high

On Tuesday, the Dax remained close to its record high reached at the end of last week. In the first few minutes of trading, the leading index was up 0.30 percent at 16,955.11 points, moving towards the record of just over 17,000 points. The MDax was up 0.14 percent at 25,624.66 points. The Eurozone leading index EuroStoxx rose by 0.6 percent.

On Tuesday, the Dax remained close to its record high reached at the end of last week. In the first few minutes of trading, the leading index was up 0.30 percent at 16,955.11 points, moving towards the record of just over 17,000 points. The MDax was up 0.14 percent at 25,624.66 points. The Eurozone leading index EuroStoxx rose by 0.6 percent.

Strong economic data from the USA recently dampened hopes of rapid interest rate cuts by the central bank. This is currently also weighing on the stock market.

Source: Stern

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