The DAX is a bit higher before the weekend-the focus is on the 24,000-point mark, while chaos around the US tariffs continue.
The DAX started the trading day of 0.13 percent at 23,963.49 points and then expanded the profits significantly. He can thus visibly exceed the psychologically important 24,000 mark.
At the middle of the week, the stock market barometer had marked a new all -time high at 24,325.97 points, on May 27th a new record closure was also achieved at 24,226.49 points.
The focus is on uncertainty about US customs policy. Investors also look at inflation numbers from Germany. And: After yesterday’s holiday, quite a few investors should be in a long weekend – with a correspondingly thin trade.
Mauer holiday trading the day before
Already on the previous day, an initial buoyancy had no existence due to good quarterly figures of the AI chip pioneer Nvidia and by a damper for Trump’s customs policy before a US court. After the previous record of the DAX, up to almost 24,326 points to the middle of the week, some investors in thin holiday trading on Thursday first checked the cash register.
Location confusing
According to the court decisions related to the customs policy of the US government, the situation of the financial markets is confusing, the experts from the Landesbank Helaba write in a morning comment. “A large part of the tariffs has been declared and blocked, but now an appellant has taken the measures back into force, for the time being. It remains exciting.” The investors on Wall Street, however, had left the legal tug of war largely cold.
Waiting for inflation data
On Friday, economic data is now in sight. The Helaba experts refer in particular to inflation numbers from the federal states in the morning and then the overall German prices at 2 p.m. “With regard to the ECB council meeting in the coming week, this information is important.” In this way, they allude to the upcoming interest decision of the European Central Bank. Shortly after the overall German inflation data, prices from the USA are still on the agenda.
Redaktion finanzen.net / dpa-afx