The DAX's recovery continued slightly after a recent sell-off, yet the index remains well below the psychologically important 24,000-point mark. A small gain of 0.37 percent to 23,846.07 points leaves investors cautiously optimistic. This slight upward movement is typical of the stock market: after weak US labor data, speculation quickly surged that the Federal Reserve might cut interest rates. This hope for looser monetary policy boosted markets and drew investors back in.
Infineon Explodes – Commerzbank Retreats: Winners and Losers!
In the DAX, Infineon made a splash, catapulting to the top with a 4.5 percent gain. The catalyst was a renewed increase in its margin target after the impact of the tariff agreement became clearer. Infineon was closely followed by Porsche AG (up 2.5 percent) and Daimler Truck (up 2.3 percent).
Against the trend, Commerzbank had to give back its recent gains. Despite reporting record figures, the company's restructuring costs are significant. This weakness could present an entry opportunity for investors who believe in the bank's potential.
Economic Alarm! The DAX at a Crossroads – How Fragile Is the Rally?
The fragility of the stock market was highlighted by a recent survey of purchasing managers in the service sector: this leading economic indicator was weaker than expected, immediately putting the markets under pressure. However, with the current optimism for interest rate cuts, there is a chance the DAX will test the 24,000-point mark again soon. If this jump is successful, there are few technical resistances on the chart until 24,450 points. Nevertheless, the situation remains tense, and investors must pay close attention to the market's sensitivity.
Can the DAX make the leap upwards, or will fear of a weak economy prevail?
The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and as such is to be considered to be a marketing communication.
All information has been prepared by ActivTrades (“AT”). The information does not contain a record of AT’s prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information.
Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not a reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acting on the information provided does so at their own risk. Forecasts are not guarantees. Rates may change. Political risk is unpredictable. Central bank actions may vary. Platforms’ tools do not guarantee success.