FRANKFURT (dpa-AFX) – The Dax shook off its losses shortly before the close of trading on Wednesday and closed slightly higher. On the one hand, speculation about China’s willingness to talk with the U.S. in the escalating tariff conflict provided support. On the other hand, the current recovery movement on the U.S. stock markets helped. The leading Dow Jones Industrial index also recovered shortly before the close of trading in Europe.
The German stock market barometer ended the day with a gain of 0.27 percent at 21,311.02 points, just below its daily high. The MDax of medium-sized companies reduced its minus to 0.17 percent at 27,219.29 points. The losses on stock markets across Europe were also reduced: the leading index of the eurozone, EuroStoxx 50, closed 0.08 percent lower at 4,966.50 points. In Switzerland and the UK, the leading indices also ended the day close to their previous day’s levels.
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