In the meantime, the DAX (ISIN DE0008469008 / WKN 846900) managed to break the 15,300 point mark for the first time. In the end, it went down from the highest level almost exactly 100 points, which was still a plus of 0.70%. The MDAX (ISIN DE0008467416 / WKN 846741) rose by + 0.54%, the TecDAX (ISIN DE0007203275 / WKN 720327) by + 0.34%. Strong US sales figures in the first quarter would have supported the automotive stocks: VW Vz. (ISIN DE0007664039 / WKN 766403) + 2.24%, BMW + 1.05% (ISIN DE0005190003 / WKN 519000), Daimler (ISIN DE0007100000 / WKN 710000) + 0.19%.
After the latest record highs, there has been marginal profit-taking on the US stock exchanges. The Dow Jones (ISIN US2605661048 / WKN 969420) is down -0.29%, the S&P 500 (ISIN US78378X1072 / WKN A0AET0) by -0.10%, the Nasdaq-Comp. (ISIN XC0009694271 / WKN 969427) by -0.05%). At the top of the Dow, Nike (ISIN US6541061031 / WKN 866993) gained 1.51%, McDonald’s (ISIN US5801351017 / WKN 856958) rose by 1.34%. The shares of Snap (ISIN US83304A1060 / WKN A2DLMS), the operator of Snapchat, would have improved by 5.1% after an upgrade.
The Nikkei 225 (ISIN JP9010C00002 / WKN A1RRF6) is currently showing slight gains at 29,733 points (+ 0.13%).
The collapse of the US hedge fund Archegos Capital will cost Credit Suisse (ISIN CH0012138530 / WKN 876800) dearly. In this context, the major Swiss bank posted a charge of CHF 4.4 billion. For the first quarter, the institute announced a pre-tax loss of around CHF 900 million. Credit Suisse is suspending the share buyback program with a volume of at least one billion francs and is cutting the dividend planned for 2020. Risk boss Lara Warner and investment banking boss Brian Chin would leave the institute.
Friendly European economic data and rising stock markets would have supported the euro.
A countermovement was noticeable on the oil markets after the weak Monday. This was mainly due to the increase in growth forecasts for the global economy by the International Monetary Fund. Gold presented itself without major jumps, but at least traded a little more firmly. (07.04.2021 / ac / a / m)