Current Dax: Dax is trading in the plus before ECB interest rate decision - Vonovia shares are losing significantly
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 speech.
European stock markets are seeing mixed results, with the Dax index up 0.7% at 25,896 points. Several major companies have released quarterly results, including Volkswagen, which reported a billion-euro loss due to special effects, and Adidas, which expects to return to growth in Europe during the holiday season. Other companies, such as Henkel and MTU, have raised their annual forecasts after strong quarterly performances, while ING has cut 400 jobs as part of a restructuring and missed analyst expectations.
The markets are also reacting to the quarterly results of US tech giants Alphabet and Microsoft, which were released on Wednesday.
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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