Current Dax: Dax closes in the plus and just above the 26,000-point mark
After three days of losses, the German benchmark index has stabilized for the time being. Signals for a possible interest rate pause in the US were able to support investors' cautious optimism.
The German stock market ended the day on a positive note, with the Dax index rising 0.6% to 26,003 points on Thursday. This marks a recovery after three consecutive days of losses, and a return above the 26,000-point mark. The improvement came after comments from two high-ranking central bankers suggested a possible pause in interest rate hikes in the US, contingent on favourable inflation data for August.
Additionally, five leading economic research institutes raised their growth expectations for 2026, forecasting that Germany's GDP could grow almost twice as fast as previously expected, exceeding 1%.
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.
