Dax current: Dax turns into positive territory – SAP is the biggest loser
Nvidia figures, Jackson Hole and inflation data: Investors are currently waiting for impulses on the German stock market. However, a current trend remains intact.
The German stock market is cautious, with the Dax ending the day nearly unchanged at 26,286 points. According to Martin Utschneider of Robomarkets, the current consolidation is healthy and both the long-term and medium-term uptrends remain intact. The 200-day line, which indicates the long-term trend, is currently at 24,573 points. Trading volume has been low, with less than 50 million shares traded daily for two weeks, and market volatility, as measured by the VDax, is at a low level.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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