FRANKFURT (dpa-AFX) – The DAX’s decline on the previous day was followed by an attempt at stabilization in the middle of the week. Support came from Wall Street. Although the US stock markets fell, they significantly reduced their losses during trading and ultimately closed at their daily highs.
In the first minutes of trading, the German benchmark index rose 0.4 percent to 23,590 points. The MDax index of medium-sized companies gained 0.5 percent to 29,757 points. The EuroStoxx 50, the leading index for the eurozone, rose 0.6 percent to 5,324 points.
The day before, European trading had lived up to September’s reputation as a difficult month for the stock market. A potpourri of risks, ranging from the US president’s tariff and economic policies to the ongoing war in Ukraine, monetary policy uncertainty, and the political and financial situation in France, is currently dampening investor sentiment. Until now, these…
