War in Ukraine on ticker: US stocks disagree – DAX a little firmer – below 14,000 points – Scout24 above expectations – Deutsche Post increases double-digit profits – Covestro, ADLER, Pfizer in first floor | news

The German stock market was friendly on Tuesday.

of the DAX began the session with a more stable 0.14 percent at 13,958.92 points. As the game progressed, he managed to strengthen himself, so much so that he was temporarily able to leave his 14,000-point mark behind – at noon, however, he dipped below it again, but is still in the profit zone. . of the TecDAX started with gains of 0.27 percent at 3,070.33 points and then maintains its green mark.

Bankhaus Donner & Reuschel expert Martin Utschneider warns the German news agency against premature euphoria: “The downward trend remains the overshadowing economic issue.” To leave the downtrend behind, the DAX must leave its mark of 14,980 points.

Also, the earnings season continues. Deutsche Post and Scout24, for example, opened their books on Tuesday.

Click here for the full index overview

European markets showed a positive trend on Tuesday.

of the EuroSTOXX 50 it was 0.16 percent higher at 3,738.49 points at the start and is currently in green territory.

Investors are holding back on the second trading day of the week as the US Federal Reserve’s interest rate decision is scheduled for Wednesday. However, the Fed can no longer negatively surprise, according to a market participant according to Dow Jones. Market participants expect the key interest rate to rise by 50 basis points. A rate hike of 75 basis points could therefore follow in June. On the other hand, the problems surrounding the war in Ukraine and the problems of the supply chain remain unsolved.

Click here for the full index overview

US stock investors pulled back on Tuesday.

of the Dow Jones opened the session a marginal 0.07 percent higher at 33,086.09 points and then slipped back into the red. of the NASDAQ composite meanwhile, it moves in a narrow range around the zero line, having lost 0.2 percent at the start at 12,511.46 points.

The US Federal Reserve’s interest rate decision approaches and thus increases investor reluctance. The market expects interest rates to rise by 50 basis points. Market participants are likely to focus primarily on subsequent statements by US Federal Reserve Chairman Jerome Powell regarding the Fed’s further course of action. Further interest rate hikes, perhaps as much as 75 basis points, should counteract the ‘inflation.

Click here for the full index overview

There was no movement on Asian trading venues on Tuesday.

No action was taken on Tuesday in Tokyo, where “Constitution Day” was celebrated. The main Japanese index Nikkei was down 0.11 percent to 26,818.53 points by the close on Monday.

of the Shanghai composite it is also staying on vacation, where it has been since Friday, when it closed up 2.41% at 3,047.06. of the Hang Seng it ultimately gained 0.06 percent on Tuesday at 21,101.89 points.

The fact that most markets were on hiatus for the holidays also did little to increase open trading. The US interest rate decision, scheduled for Wednesday, also prompted dealers to act cautiously.

Click here for the full index overview

About the author


Leave a Comment