Dax aktuell: Nach Rekorden an der Wall Street – Dax notiert im Minus
Bereits in den ersten Handelsminuten verliert der Leitindex die Gewinne des Vortages. Unterdessen könnte ein bereits vergangener Termin Anleger wieder aus der Reserve locken.
The German stock market shows a recovery, with the Dax index hovering around 25,200 points, marking a decline of up to 0.8 percent. This marks the first time the Dax has closed in the red during the ongoing October, according to LSEG data. On Tuesday, investors appeared more optimistic, and the index closed about 0.8 percent above the previous day's level at 25,499 points.
Currently, the index is above the 200-day line, which represents the long-term trend. The line is currently at 24,847 points, indicating an overall upward trend. However, a longer-term downward trend persists. The upcoming direction of the Dax at the midpoint of the week hinges on a key event: the Federal Reserve's (Fed) September meeting.
The central bank released its meeting minutes today, after the German trading day closed. Investors are hoping for insights into the Fed's internal discussions about the future trajectory of interest rates. Marketeers currently expect another rate hike this year, with the Fed raising the benchmark rate for the first time in nearly three years in September. The current rate sits between 3.75 and 4.0 percent.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
