Seven points that are important for investors today

by time news

2023-08-31 06:48:55

Frankfurt, Düsseldorf After a wild course, the Dax closed slightly in the red on Wednesday. At 15,892 points, the leading German index was around 0.2 percent lower than the day before in volatile Frankfurt stock exchange trading. Overall, the Dax is moving more towards the 16,000 point mark than it was in the middle of the month. On Thursday, the leading index was up around 0.1 percent before the market at 15,915 points.

In the US, hopes of an interest rate pause by the US Federal Reserve boosted Wall Street on Wednesday. The major indices Dow Jones, S&P 500 and Nasdaq all increased slightly, in some cases by up to 0.5 percent. Meanwhile, August was the worst stock market month for Chinese stocks since February this year. Due to weak economic data, Chinese indices fell significantly on the last trading day in August, while Japanese stocks are more robust.

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