Borse Frankfurt-News: New record within reach (weekly outlook)

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FRANKFURT (DEUTSCHE-BOERSE AG) – After the recent steep rise, the new week is starting more cautiously. But the DAX all-time high is not far away – and neither is the 20,000-point mark. Confidence prevails.

December 2, 2024 FRANKFURT (Borse Frankfurt). The stock markets remain in a celebratory mood. After the new record highs on Wall Street on Friday, the DAX could also soon reach new highs and exceed the 20,000-point mark, analysts say. The mood on Monday morning is supported by new economic data from China, as Deutsche Bank explains. The Caixin Purchasing Managers’ Index for the manufacturing sector has risen to its highest level since June.

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