FRANKFURT (dpa-AFX) – In the middle of the week, the Dax has largely ironed out the setback suffered on Tuesday. The continued soaring of US technology stocks also created a positive mood in Germany. Otherwise, impulses for the overall market were rare. Investors are waiting for the June inflation data from the USA on Thursday, as this could provide further information on the timing and pace of the expected interest rate cuts by the Fed. In addition, the reporting season in the United States kicks off on Friday with the first quarterly reports from major Wall Street banks.
Ultimately, the leading German index rose by 0.94% to 18,407.22 points, having lost 1.3% the day before. The MDax of mid-sized stock market companies gained 1.43% to 25,613.88 points and also rose again across Europe. The leading eurozone index, the EuroStoxx 50, gained 1.13% to 4958.86 points. The national stock markets in Paris and London rose somewhat…
