Current Dax: Dax slightly up - US labor market data surprise
The Dax is gaining slightly and moving away from the 26,000-point mark in small steps. The surprisingly stronger US data could be decisive.
The Dax index is slightly up on Friday afternoon, at 26,104 points, with a 0.4% gain. The VW share is the biggest winner, rising up to 6.8% after approval for extensive restructuring. This comes after a volatile week, with the Dax previously losing over 700 points in three days. Meanwhile, the US job market has added 162,000 jobs in August, far exceeding expectations of 56,000, according to the US government. The unemployment rate remains at 4.1%.
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.