FRANKFURT (dpa-AFX) – Profit-taking on the German stock market intensified somewhat on Thursday. On the day before the big expiry on the futures markets, the Dax continued to pay tribute to its recent record rally and fell by 1.24 percent to 22,999.15 points. At times, the leading index even lost up to two percent on its descent. The MDax of medium-sized companies fell by 1.83% to 29,102.20 points.
The German stock market was unable to benefit from the interest rate signals from the US Federal Reserve the previous day, which indicated two small interest rate hikes this year. According to market observer Christian Henke from broker IG, the focus is once again increasingly on US President Donald Trump’s tariff policy – and the associated risk that the Fed will only cut interest rates after all or could even do without them altogether.
“The stock market has been too preoccupied with the German trillion euro issue in…
