FRANKFURT (dpa-AFX) – The recently record-hungry Dax initially suffered from profit-taking on Friday. In the first few minutes of trading, the leading German index fell by 0.92 percent to 23,203.26 points. On a weekly basis, however, this still corresponds to a gain of 2.9 percent after the Dax broke through the 23,000-point mark for the first time.
The MDax of medium-sized companies lost 0.93% to 30,006.45 points on Friday morning. The EuroStoxx 50, the leading eurozone index, fell by just under 0.7 percent.
Over the past few days, the billions in loans for defense and infrastructure planned by the future governing parties CDU/CSU and SPD had boosted the DAX. The price setback on Tuesday was also quickly ironed out. This Friday, however, could be another uncomfortable day. This is because the US labor market report, which has a major influence on the Fed’s monetary policy, is on the agenda for the afternoon. In…
