After two rather disorientating days, the Dax initially appeared in better shape on Wednesday. At 17,094.18 points, the leading German index rose by 0.15 percent a few minutes after the Xetra launch. The MDax for medium-sized stocks rose by 0.19 percent to 25,808.19 points. The EuroStoxx 50, the leading index for the euro zone, gained around 0.2 percent.
After two rather disorientating days, the Dax initially appeared in better shape on Wednesday. At 17,094.18 points, the leading German index rose by 0.15 percent a few minutes after the Xetra launch. The MDax for medium-sized stocks rose by 0.19 percent to 25,808.19 points. The EuroStoxx 50, the leading index for the euro zone, gained around 0.2 percent.
Investors remained cautious in New York the evening before, close to record highs. The stock markets there came out of the long weekend weak. According to market expert Thomas Altmann from QC Partners, investors are not feeling any signs of fear of heights.
The focus is on two events in the evening in the middle of the week: on the one hand, the meeting minutes of the US Federal Reserve Bank and, on the other hand, the quarterly figures from the US chip manufacturer Nvidia, which are due after the US stock market closes (after 10 p.m. CET).
Source: Stern