Waiting for Inflation Data on US Stock Markets – DAX Stands Still at 25,000 Mark – Hims & Hers Plummets After Wegovy Withdrawal – STMicroelectronics Shines Through Amazon Partnership – Corning Benefits from AI Fantasy – Monday.com Drops Double Digits Despite Profit Increase – UniCredit Sparks Euphoria Among Bank Stocks
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Macroeconomic Data and Quarterly Reports – A Decisive Week for the Stock Markets The US stock markets start positively into the new trading week. While the Dow Jones increased by around 2.5% last week and for the first time surpassed the 50,000-point mark, the mood in the technology sector remained noticeably tense. The Nasdaq Composite lost approximately 1.8% week-over-week, despite a strong recovery towards the end of the week. Software stocks remained under significant pressure. Investors worried that AI applications could threaten traditional...
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