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Current Dax: Dax closes unchanged - US labor market data surprise positively

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.

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Current Dax: Dax closes unchanged - US labor market data surprise positively

The Dax ended trading on Friday nearly unchanged at 26,046 points. The VW share was the biggest winner, rising up to 7.3 percent after approval for extensive restructuring. The index had previously lost over 700 points in three days, but stabilized and broke through the 26,000-point mark. US job market data released on Friday showed 162,000 new jobs created outside of agriculture in August, beating expectations, but had little impact on the Dax. Two senior US Federal Reserve officials expressed doubts about an imminent interest rate hike.

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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