Stock market rally
Dax jumps for the first time mark of 22,000 points
The investors on the German stock market remain in a record mood. The DAX cracks the thousands of brands every month – despite the new customs announcements by US President Donald Trump.
Unimpressed by the customs announcements by US President Donald Trump, the Dax jumped for the first time in its history about the round mark of 22,000 points. The German leading index temporarily climbed to more than 22,003 points, but then gave up something. It was only on January 20 that the DAX had cracked the 21,000 points, and on December 3 of last year that of 20,000 points.
Investors cannot be spoiled by Trump’s customs threats. Trump has announced new tariffs on steel and aluminum imports in the USA of 25 percent. There will be no exceptions or exemptions, it said. In addition, the USA is considering special tariffs on vehicles, computer chips and pharmaceutical products. EU Commission President Ursula von der Leyen announced a determined reaction.
Trump threats hardly get caught with investors
Customs threats or announcements by US President Donald Trump hardly get caught. Dealers said that the investors saw them as a means of reaching Trump to reach deals and compromise that could ultimately use everyone. The DAX had also quickly made up for the recently slumping in course for concerns about AI competition from China.
The DAX has won almost eleven percent since the beginning of the year – after a successful year 2024 with an increase of almost 19 percent.
The stock exchange is also powered by the expectation to falling interest rates in the euro zone, with which the European Central Bank (ECB) wants to boost the weak economy. Inflation worries have recently decreased. The stock exchanges therefore rely on a strong economy in the event of falling inflation rates.
The prospects for falling interest rates are good news for shares. Shares become more attractive to fixed interest papers. Loans are getting cheaper, so companies can finance themselves more easily, investments are becoming more affordable.
Another reason for the stock market rally is likely to be the recently good business figures of larger companies, especially from the United States.
Contrast to the economic flaut in Germany
The development on the stock exchanges is still in a strong contrast to the mew economic situation in Germany. However, the views of the investors often do not necessarily focus on the current situation, but on future profits. In addition, most of the 40 corporations led in the DAX are internationally established.
How quickly euphoria can turn on the stock exchanges recently showed turbulence at the financial markets around the success of the AI assistant of the Chinese start-up Deepseek, which, among other things, competes with Chatgpt. These had questioned the high ratings of AI shares and the dominance of US corporations in the field of artificial intelligence (AI).
dpa
Source: Stern
