DAX continues to delay the new all-time high
The index is not far away from reaching its first all-time high in 2025, but the German stock index is still delaying reaching the new record. On Friday, the DAX was unable to record any gains and closed with a minus of 0.5 percent at 20,214.79 points. The effects hoped for by the labor market data fizzled out without fueling the stock markets. The reason is quite simple to find in the fact that the US labor market is still very strong, reinforcing the belief that the Federal Reserve sees no reason to cut interest rates further quickly. But the current intrinsic strength of the DAX is unmistakable. The US markets, for example, fell by more than 1.5 percent each, while the DAX remained relatively stable.
Inflation data plunges stock markets completely into correction
A possible scenario for the coming trading week could be that in the event of a possible correction of the US markets to the north, the DAX could continue to play to its relative strength and finally set the record that is still missing. This theory could potentially be supported by US inflation data that will be released on Wednesday. But this theory stands and falls with inflation data hanging by a thread. As already seen in the euro area and also in Germany, rising inflation seems to be spreading again. If this is also the case in the US, it is also possible that the exact opposite will happen, and the markets will continue to move downwards. The DAX would probably no longer be able to escape this either.
A spirit of optimism at Mercedes?
Among the individual stocks, the star in the south of the republic shone at the top of the DAX list on Friday in the form of the Mercedes Benz Group share. Shares of the Swabian carmaker rose by 3.7 percent, followed by Fresenius Medical Care, which gained 1.2 percent, and BMW's shares, which also rose slightly by 1.1 percent. Investors probably saw a favorable buying opportunity at Mercedes and the end of the trough had been reached after the carmaker was able to sell fewer cars than planned in 2024.
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