The stabilization on the German stock market continues on Thursday – albeit to be manageable.

The DAX went on sale on Thursday with surcharges of 0.40 percent at 23,884.80 points.

Dax record remains out of reach

A new record for the German leading index remains at the moment: On June 5, the DAX had reached a new all -time high after the key interest decision of the European Central Bank at 24,479.42 points. On this day he also achieved a new record on the final course basis at 24,323.58 points.

Continuation of the DAX stabilization?

At a braked pace, it continues on Thursday. The previous day, the German leading index initially reacted weakly to the ADP labor market data from the US private sector and was sagged to 23,620 points. It was shown that jobs in the US private industry were first dismantled in June for a good two years.

However, it was quickly reinterpreted, as the market expert Stephen Innes wrote from Spi Asset Management. According to the motto “Bad News Is Good News”, the interest rate reduction fantasies were all the more boost.

Redaktion finanzen.net / dpa-afx

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