DAX Manages to Expand Gains After Positive US Forecast - Strong TSMC Figures Provide Momentum for Chip Stocks - Toast in Focus After Deutsche Bank's Buy Rating!

The DAX can further expand its gains after a strong market opening and presents itself at noon with significant increases of almost 0.77% . The German benchmark index started positively in the morning after strong guidance from the USA and Asia, despite ongoing uncertainties in the trade dispute between the EU and the USA. Especially chip stocks showed a strong performance in early trading, after Taiwanese contract manufacturer TSMC surprised with better-than-expected Q2 numbers and an upgraded forecast. Among the biggest winners are, among others,...