The DAX has managed to recover, ending the day with a gain of 0.73 percent at 23,770 points, signaling that the recent correction may already be over. Investors are relieved: weaker-than-expected US labor market data was received positively. This reinforces hopes that the Federal Reserve may soon intervene and cut key interest rates. The market is now pricing in a 99 percent probability of these rate cuts. Jerome Powell and his team could once again become the "saviors" of the markets, while also fulfilling US President Trump's desire for lower rates. All eyes are now on the official US jobs report (NFP) tomorrow, which could either confirm or reverse the current trend.
Siemens Energy Surprises – Heidelberg Materials Attacks €200: Who Is Leading the Rally?
A few individual stocks stood out with significant gains. Siemens Energy led the way, with a 3.7 percent gain. Investors clearly saw the stock's recent correction as a cheap entry point. Heidelberg Materials also continued its upward movement, pushing closer to the €200 mark with a 3.5 percent performance.
NFP as the Tipping Point: Does the Correction End or Continue?
The DAX still has to prove itself. While the weak ADP numbers lifted markets, a better-than-expected NFP report could halt the rally and lead to a sell-off. This contradictory situation keeps the market fragile. The NFP data will be the decisive factor: if it confirms expectations, the recovery could continue. However, a positive surprise could trigger new turbulence.
Will the DAX finally shake off the correction, or is a new wave of selling on the way?
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