Dax gains crumble solid - US interest rate cut had little effect

Quickly crumbled at one time, more than three percent Plus. In the Wake of a very weak US markets, the DAX lost much of its gains. It failed to hold above the p

Dax gains crumble solid - US interest rate cut had little effect

Quickly crumbled at one time, more than three percent Plus. In the Wake of a very weak US markets, the DAX lost much of its gains. It failed to hold above the psychologically important mark of 12,000 points. DAX 11.985,39 PTS. +127,52 (+1,08%) Xetra

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course data

With an increase of 1.08 per cent to 11.85,39 points, the stock market barometer went out of the day. The MDax, the Index of medium-sized companies held up better. He closed with a plus of 2.17 percent on 25.897,56 counter.

Clearly in the Plus, the Metro share was able to conclude Wednesday. According to Reports from the Agency Bloomberg about a possible purchase of the interest of the US distributor Sysco Metro drew papers up to the close of trading about 19 percent of 12.41 euros. Both companies wanted to give the rumor no opinion. METRO 12.41 € +2,00 (+19,20%) Xetra

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The US exchanges, despite the reduction in interest rates as of the close of trading in Germany, even in the Minus. After his points-the largest jump of all time on Monday, the Dow Jones lost on Tuesday evening of 1.11 per cent, or 300 points.

topic: Virus epidemic puts a strain on economy - "a Tsunami of profit warnings": The coming months will be for the company of bitter

stock market expert: Now is the time for countercyclical Investing FOCUS Online stock market expert: Now is the time for anti-cyclical investments

/Reuters
Date Of Update: 03 March 2020, 21:00

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