Current Dax: Dax is slightly up – waiting for US labor market data
The Dax is gaining slightly and moving away from the 26,000-point mark in small steps. US data will be decisive for the further course, which will determine the course of monetary policy.
The Dax index is up 0.4% to 26,106 points at midday on Friday, having regained the 26,000-point mark. Volkswagen's stock is a top gainer, rising up to 7.3% after approval for major restructuring. This comes after the Dax closed 0.6% higher at 26,003 points on Thursday, snapping a three-day losing streak that saw it shed over 700 points.
Two senior US Federal Reserve officials have expressed doubts about an imminent interest rate hike, with markets now split on a 25 basis point increase. The yield on 10-year US Treasury bonds has fallen by 5 points.
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.
