Current Dax: Dax gains significantly – and exceeds 26,000-point mark
On Thursday, a large number of German and European companies are releasing their figures. Investors are likely to be particularly eager to hear Christine Lagarde's words.
European stock markets rose on Thursday, driven by positive quarterly results and ahead of the European Central Bank's interest rate decision. The Dax gained 1.3% to 26,031 points, building on the previous day's gains fueled by strong quarterly numbers from major companies. Several companies, including Volkswagen, Renault, Adidas, Henkel, and MTU, reported their quarterly results, with most seeing their stocks rise, except for MTU, ING, and BBVA, which fell after missing expectations or announcing job cuts.
The results of Alphabet and Microsoft, released after the US market close on Wednesday, also influenced trading, with Alphabet's shares plummeting after missing Wall Street expectations.
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.
