FRANKFURT (DEUTSCHE-BOERSE AG) – The DAX’s all-time high was followed by profit-taking. At the start of the new week, however, things are moving upwards again. The charts therefore continue to show a green light for the time being. The start of the reporting season in the USA will be exciting this week.
October 7, 2024 FRANKFURT (Borse Frankfurt). “The record sentiment on the stock markets has evaporated for the time being,” states Helaba in its current weekly outlook. According to the report, the conflict in the Middle East has led to increasing risk aversion on the financial markets. After reaching a new record high of 19,492 points at the end of the previous week, the DAX fell back below 19,000 points at times over the past few days. The countermovement on Friday ultimately reduced the weekly loss to 1.8 percent. Compared to the closing price of 19,120 points, German blue chips started trading this morning at 19,150…
