On Thursday, the DAX continued its record run, which pushed it past the 25,000 point mark for the first time yesterday.
After the DAX climbed to new records on Wednesday and surpassed the round mark of 25,000 points for the first time in its history, new highs can also be seen on Thursday. At the start it went up 0.02 percent to 25,128.46 points. It marked the daily and new all-time high at 25,217.52 units. After that he stays on green territory.
The latest DAX record
Yesterday, Wednesday, the DAX broke the threshold of 25,000 points for the first time during trading and set a new all-time high at 25,122.46 points. Ultimately, it ended the day at 25,122.26 points, which also meant a new record based on the closing price.
US stock exchanges set the direction
Once again, German stock trading seems to be basing its prices on the New York stock exchanges, which had come under pressure the evening before after the initial records of the leading indices Dow Jones Industrial and S&P 500. According to Commerzbank, investors processed statements from US President Trump, the changing geopolitical risks and the latest data from the labor market in the United States.
Defense stocks and real estate stocks are coming into focus after Trump’s statements
Trump made statements about real estate purchases and… Defense industry on Wednesday caused uncertainty among investors. On the one hand, he announced that large financial investors would no longer be allowed to buy single-family homes in the future. Due to what he sees as the slow pace of armament, Trump also wants to ban the country’s defense and armaments companies from paying dividends and buying back shares until further notice.
Editorial team finanzen.net / dpa-AFX / Dow Jones Newswires