DAX Reaches Record Levels After Falling Oil Prices
18 Articles
18 Articles
Europe's main stock indexes closed strongly this Thursday (2), reversing the fall seen earlier, after a reading below the expected of the official US job report (the so-called payroll) of June, which favored a fall in global interest and an advance in the exchanges. Technology companies had fallen, in line with the performance of the sector in New York, but losses were offset by gains of more defensive segments. Stoxx 600 once again renewed its …
In Brussels, the Bel20 was up 1.51% this Thursday. The European Stock Exchanges ended in a sharp increase on Thursday, marked by data...
With falling oil prices, the stock market is back in motion. Labour market data from the USA drive the stock exchanges in Europe to new heights. There are still some risks.
Tagesschau
With the falling oil prices, the stock market is back in motion. Labour market data from the USA are also driving the stock markets in Europe to new heights. The DAX has reached a new peak for the first time since January.
Despite a stagnant economy, the German leading index marks a new peak. Companies also benefit from the AI hype.
Weak labour market data from the US could lead to a shift in interest rates there, driving the Dax to a new all-time high.
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