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ECB runs into the parade of the DAX record rally

The European Central Bank got in the way of the DAX on its record-breaking run. Unlike the US Federal Reserve, there were no clear signals from the European monetary authorities that interest rates would be cut soon. After jumping above the 17,000-point mark for the first time, this hampered...

The Dax is the most important share index in Germany. Photo.aussiedlerbote.de
The Dax is the most important share index in Germany. Photo.aussiedlerbote.de

Stock exchange in Frankfurt - ECB runs into the parade of the DAX record rally

The European Central Bank got in the way of the DAX on its record-breaking run. Unlike the US Federal Reserve, there were no clear signals from the European monetary authorities that interest rates would be cut soon. After jumping above the 17,000-point mark for the first time, this hampered the initially unleashed investors over the course of the day. The leading index ended the day 0.08 percent lower at 16,752.23 points. At its peak, it rose to 17,003 points. In contrast, the MDax rose by 2.92 percent to 27,198.24 points.

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Source: www.stern.de

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