The Dax continued its record hunt on Thursday thanks to positively received interest rate signals from the USA. In the first minutes of trading, the leading German index rose by 0.83 percent to 18,165.44 points. The MDax for medium-sized companies rose by 1.32 percent to 26,610.07 points. The Eurozone leading index EuroStoxx 50 gained 1.1 percent.
The Dax continued its record hunt on Thursday thanks to positively received interest rate signals from the USA. In the first minutes of trading, the leading German index rose by 0.83 percent to 18,165.44 points. The MDax for medium-sized companies rose by 1.32 percent to 26,610.07 points. The Eurozone leading index EuroStoxx 50 gained 1.1 percent.
In the middle of the week, the Dax had already set a new record of 18,044 points before the US Federal Reserve’s interest rate decision in the evening, but closed slightly below that. According to statements from the US monetary authorities, the US leading index Dow Jones Industrial and the market-wide S&P 500 also reached record levels on Wednesday. The Fed had previously announced interest rate cuts, which tended to boost the stock market.
Source: Stern
