Home » today » Business » DAX volatile – Wall Street expected higher – Aramco profit collapses – Bafin penetrates Wirecard’s KPMG report – thyssen with red numbers – E: ON increases profit – Deutsche Post in focus | message

DAX volatile – Wall Street expected higher – Aramco profit collapses – Bafin penetrates Wirecard’s KPMG report – thyssen with red numbers – E: ON increases profit – Deutsche Post in focus | message

The German stock market is not closed in Tuesday trading.

The DAX stood at 10,777.74 points at the opening, 0.44 percent lower than the previous day. In the further course, he alternates between the profit zone and the zero line. At the moment it can grow slightly again. The TecDAX traded 0.2 percent lower at 2,981.40 points, but is currently trading higher.

Negative targets from Asia and the USA also temporarily impacted the German market on Tuesday. “Caution is back,” said market strategist Michael McCarthy of CMC Markets, looking at the current Corona situation. Many investors fear a second pandemic wave after the WHO has warned of it if the easing is not handled very carefully.

In addition to the corona pandemic, the quarterly season remains an ongoing topic on the market. Among other things, E.ON, innogy, thyssenkrupp and TeamViewer gave investors an insight into their books.

Click here for a complete index overview

The stock exchanges in Europe show a plus on Tuesday.

The EuroSTOXX 50 opened with a minus of 0.18 percent at 2,878.61 points and is currently in the profit zone.

The uncertainty among investors regarding the corona pandemic is increasing again. Given the easing of corona measures in many countries, the WHO has called for “extreme caution”. There are great successes, but there is also a risk of a second wave of infection, said WHO chief Tedro Adhanom. “With the increasing fear of a second wave of infection, the likelihood of a second wave of sales should increase,” CMC Markets warned.

Click here for a complete index overview

On the US stock exchanges it should go up slightly on Tuesday.

The Dow Jones shows a small plus in advance. Also for that NASDAQ composite the start of trading should be positive.

On the one hand, the global easing of the corona restrictions is fueling investors’ hope that an economic recovery can now proceed faster. On the other hand, however, the fear of another wave of infection remains high. In addition, the US-China trade dispute again causes uncertainty: “The increased risk for US-China trade relations and the corona data from particularly badly affected countries are inconvenient for investors,” commented James Athey, investment expert at Aberdeen Standard towards dpa.

Click here for a complete index overview

Asian equity markets are easier on Tuesday.

In Japan the closed Nikkei at 20,366.48 points, 0.12 percent below the previous day’s close.

On the Chinese mainland, the Shanghai Composite with a loss of 0.11 percent from the meeting. There were 2,891.56 index points on the course board. The Hang Seng in Hong Kong ultimately lost 1.45 percent to 24,245.68 units.

Weak guidelines and the fear of a worldwide second corona wave weighed on the courses after a corresponding warning from the WHO. At the beginning of the week, the easing of the corona measures in many countries still gave investors confidence.

Weak economic data from China also depressed sentiment. Producer prices and consumer prices developed weaker than expected in April, negating the hope of a rapid economic recovery.

Click here for a complete index overview

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.