FRANKFURT (dpa-AFX) – The DAX is heading for a friendly end to a turbulent week in the stock market on Friday. On Thursday, US President Donald Trump suspended the recently imposed country-specific special tariffs for most countries. His erratic actions thus continue, and economic concerns are therefore not diminishing. Now the focus is also shifting to the start of the US reporting season with the quarterly figures of several US banks.
One hour before the start of trading, the X-Dax signaled an increase of 1.24 per cent to 20,818 points. This indicates a weekly gain of just under 0.9 percent for the leading German index. Its eurozone counterpart, the EuroStoxx 50, is expected to be similarly strong on Friday morning.
US President Donald Trump’s erratic tariff policy has caused sharp price swings on stock markets around the world in recent days. On Thursday, the suspension of the special tariffs led to a recovery…
