FRANKFURT (dpa-AFX) – After the DAX reached almost 24,326 points and an annual gain of 22 percent, investors took profits on Wednesday. The German benchmark index closed at its daily low of 24,038.19 points, down 0.78 percent.
The fact that there were not enough new buyers in the DAX in mid-week could also be due to the risk posed by the business figures of AI giant Nvidia after the close of trading in the US. Nvidia reports are very important for investor sentiment – far beyond the tech sector.
According to one stock market trader, there is “even more at stake” this time around, as general confidence in AI semiconductors has been shaken by US President Donald Trump’s trade and tariff policies. Analyst Jochen Stanzl from broker CMC Markets wrote: “Who wants to be caught on the wrong foot when Nvidia, which is one and a half times as heavy as the DAX in terms of market capitalization, decides the fate of the entire…
