Trump's change of heart triggers recovery rally
Right now, not a trading day goes by without the US president making the markets look like a roller coaster with comments, decisions and changing them. Yesterday's trading day, for example, was volatile and the DAX closed again 3 percent in the red, until Donald Trump suddenly froze the US government's tariff decisions for some countries by 90 days, thus opening a window of opportunity for negotiations. In after-hours trading, the announcement catapulted the DAX up by more than 2,000 points from around 19,500 points to around 21,180 points pre-market. At that time, some trading apps had to give up due to the rush. The volatility in the markets is just as unpredictable now as is the change of heart of the US government, it simply remains chaotic, unpredictable with the consequence of erratic movements in the markets.
E.ON defies the stormy stock market
The E.ON share is holding up excellently in the current environment. Even yesterday, when the DAX closed with a minus of 3 percent, the utilities share managed to gain 1.2 percent. E.ON continues to benefit from its envisaged energy policy, which can be interpreted positively for the company. It is therefore possible that the share was able to develop a positive trend in a difficult stock market environment and can currently continue to do so. So it is not surprising that the utility's share is in second place on a 3-month basis, directly behind the high-flyer Rheinmetall (101%) with a performance of 33 percent.
Roller coaster ride also in the British stock index
Investors in the British stock market are currently in a very similar situation to those in the DAX. A volatile sideways day was followed by the customs rocket from the USA, which pushed the index to growth of over 5 percent on Tagesschau as of 10 p.m. For example, the situation in London can be described as tense in view of the hardly predictable high volatility. The top performers in the index on yesterday's trading day were the shares of Kingfischer (13.4%), Glencore (13.1%) and Rolls Royce (12.8%), each with daily performances of over 12.5 percent.Rolls Royce, with a performance of 11.2%, is the stock that also appears in the top 10 British stocks in the 3-month list sorted by performance. First place in the 3-month ranking currently goes to the share Babock International (33.9%), followed by BAE Systems (27.9%).
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