After the US Federal Reserve Fed reduced the key interest rate by 25 basis points on Wednesday, the German stock market will go up on Thursday.
The DAX started with a surcharge of 0.93 percent at 23,577.06 points. Even after that, the stock market barometer is visibly on positive terrain.
All -time high of the DAX
On July 10, the German leading index reached a new record high at 24,639.10 points. So far, the highest closing course in the DAX history is 24,549.56 points.
Fed interest decision drives on
The DAX is friendly on Thursday after the interest decision in the USA. As expected, investors have the first Interest rate The FED gets and will initially be satisfied this year.
In the past two days, the DAX had caught around 23,300 points. Market observer Thomas Altmann from QC Partners spoke in the morning that investors in this area have identified a buying threshold.
“The FED lowers the key interest rate by 25 basis points and signals that a further three interest reductions will be sufficient,” wrote InG expert James Knightley. Two more this year currently meets expectations, but for 2026 only another interest rate is indicated. However, the market is not convinced of the Fed forecasts of a “gentle landing” and is currently assuming more interest levels.
Dax today with 41 members
This Thursday, the DAX will exceptionally consist of 41 members due to the spin -off of the Aumovio car delivery division. This adaptation is intended to ensure the imagability of the index for investors. At the end of the trade, the new individual value is then removed from the DAX.
Redaktion finanzen.net / dpa-fx / Dow Jones Newswires
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