2023-08-22 09:22:13
Dusseldorf The German stock market continues to rise. The Dax climbed 0.8 percent in morning trading to 15,723 points, an increase of around 120 points.
The German indices are benefiting from the positive indications from the USA. After the close of trading in Europe, the stock market barometers on the other side of the Atlantic rose significantly. The Dow Jones index trimmed its losses by half a percentage point, while the Nasdaq 100 technology index rose 1.2 percentage points during the period.
There is no big news from China today, which can be seen as positive news given the bad news of the past few days.
Despite today’s price gains at the start of trading, the leading German index lacks a clear direction. Although there are several signs of at least a short-term recovery, the Dax is not really making any headway.
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