FRANKFURT (dpa-AFX) – After struggling once again with the 19,000-point mark, the DAX made a noticeable gain on Thursday. A boost came from Wall Street, where the Dow Jones Industrial gradually rose after a subdued start. However, Nvidia was no help despite a pleasing quarterly report. The share fell in view of a defensive outlook for the final quarter of 2024.
The DAX closed the day up 0.74% at 19,146.17 points. However, this is still a long way from being a liberating blow. Since the beginning of November, the German stock market barometer has been hovering almost constantly below the 21-day moving average, which chart technicians believe indicates the short-term trend. On Tuesday, it also fell below the 50-day line at around 19,190 points, which signals the medium-term trend.
Investors are concerned about the protectionist agenda of US President-elect Donald Trump, particularly with regard to future economic…
