FRANKFURT (DEUTSCHE-BOERSE AG) – After the record highs, the outlook for the stock markets remains good – according to the prevailing opinion. However, short-term setbacks are always possible.
September 23, 2024 The fact that the US Federal Reserve cut key interest rates by 50 basis points on Wednesday, rather than just 25, initially boosted the markets. On Thursday, the Dow Jones, S&P 500 and the DAX climbed to new all-time highs. Only the Nasdaq 100 is still some way off its record high from July. “The interest rate turnaround in the USA was duly celebrated with a small delay,” comments Christian Henke from IG.
“More and more investors are convinced that the unexpectedly brisk US Federal Reserve will actually succeed in bringing the US economy to a soft landing,” explains Thorsten Weinelt from Commerzbank. Economic data will be scrutinized to see whether it supports the scenario of a sustained robust US economy. “The…
