DAX closes at all-time high, interest rate burdens Deutsche Bank, Nikola course

After the FED meeting on Wednesday and the interest rate hike by the ECB on Thursday, the DAX rose again and ended the week at a new record high. It was stronger than the S&P500 and the Dow Jones, which was "only" hit an annual high. However, the Nasdaq is still on the up, impressively continuing its winning streak.

Andreas Bernstein talks about the interest rate level and the effects at this point and brings the burden for banks to the fore. This is particularly noticeable at Deutsche Bank. Contrary to the daily trend, the share was negative in the DAX on Friday and is still far behind the benchmark this year with a minus of nine percent.

Second value is Nikola. The US automaker from the electrical sector, which presented an electric truck in 2020, is currently experiencing a boom. The stock rose at times by 170 percent. What is behind it, why is the founder no longer at the "steer" and what is speculation about the company at a rate of one dollar?

We also look at the dates of the new week and other quarterly figures that are due after the US holiday on Monday.

Come well informed with TRADERS´ media GmbH and the LS Exchange through the weekend.

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