DAX remains strong despite Middle East crisis - Chip and semiconductor stocks continue to be in demand thanks to AI rally - Deutsche Post rises on Deutsche Bank upgrade - LANXESS under pressure after downgrades - Spotify impresses with optimistic forecast - Birkenstock experiences share fireworks after buyback program - Workday sees double-digit gains after strong quarterly results!
Reading Time: 6 minutes
The DAX is showing a slight increase towards the end of the trading week. After starting the morning strong on positive cues from Asia, the German benchmark index has had to give up some of its initial gains due to rising oil prices and is currently trending slightly up by +0.50% . Given the ongoing uncertain situation in the Middle East conflict, many market participants are currently holding back on larger investments. At the start of trading, heavyweight stocks from the chip and semiconductor segment are in demand, benefiting again from the...
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