War in Ukraine on ticker: DAX closes in positive – US stocks strongly in positive – Tesla cuts jobs – No breakthrough for Bayer in the dispute over glyphosate – Nordex: red numbers – RWE, Intel in the foreground | news

The German stock market closed in negative on Tuesday.

of the DAX started tighter. Profits then declined, but the main German index managed to stay above the zero line. Eventually, the DAX ended the trading day up 0.20% at 13,292.40 points. of the TecDAX joins the leading index, the German tech barometer also closed the trading day positively. The lead was ultimately 0.53 percent to 2,850.12 points.

The stabilization of the German stock market thus continued. However, profits are still a bit far from making up for last Thursday’s significant losses – when the DAX was just above the 13,000 point mark – explained analyst Michael Hewson of CMC Markets UK, according to the German news agency. . Jrgen Molnar, capital market strategist at RoboMarkets, is also cautious about the current stabilization. What’s “worth” won’t be revealed until the afternoon, when Wall Street investors are back in action. “Investors continued to focus on the high level of inflation and the resolute countermeasures adopted by central banks with their rate hikes. interest.

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European equity markets closed green on Tuesday.

of the EURO STOXX 50 ended the trading day up 0.7 percent at 3,494.00 points after a stable opening.

While investors may have struggled with central banks’ fight against inflation, mood is likely to remain tense for the foreseeable future as concerns remain about the consequences for the economy. According to Dow Jones, however, CMC also said that the situation in the companies was not as bad as the mood. It is surprising that the number of profit alerts has been limited so far. “If you look at the mood, companies should indeed be in a very negative position. But overall they are in a good position to pass the higher prices on to their customers. If inflation doesn’t continue to rise dynamically, if the stock market also enters a phase with a certain addictive effect, “said Dow Jones CMC.

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Positive signs were posted on Wall Street on Tuesday.

of the Dow Jones extended earnings while trading to close 2.15 percent higher at 30,532.17 points. He also left his mark of 30,000 points behind. of the NASDAQ composite It also posted strong premiums on Tuesday and gained 2.51% to 11,069.30 points.

High inflation rates, rising interest rates and fears of a recession remained the moving themes. Meanwhile, US President Joe Biden told Treasury Secretary Larry Summers that he doesn’t expect an economic downturn. And even the president of the Federal Reserve Bank of St. Louis, James Bullard, assumes that the US economy will continue to grow this year.

In terms of economic data, information on the sale of existing homes was released in May after the start of negotiations. Compared to the previous month, the number of inventory sales fell 3.4 percent, as announced Tuesday in Washington by the National Association of Realtors (NAR) brokerage. Experts had expected a slightly stronger drop of 3.7%.Click here for the full index overview

Far Eastern stock markets showed an uptrend on Tuesday.

Japan’s leading index rose in Tokyo Nikkei at the end of 1.84 percent to 26,246.31 points.

For the Shanghai composite fell 0.26 percent to 3,306.72 points. of the Hang Seng it was 1.87 percent stronger at 21,559.59 units at the end of trading.

Investors continued to focus on the high level of inflation and the tightening associated with it monetary policy of some central banks, which makes investors fear an imminent recession. On the other hand, on the second trading day of the week, the Nikkei was supported by a survey according to which Japanese companies intend to invest an additional quarter in equipment, real estate and other physical assets in the current fiscal year. The Shanghai Composite is slightly lagging behind, citing Beijing’s zero-COVID strategy.

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