On Wednesday, the leading German index reached a fresh all-time high of 21,330.87 points before finishing the day one percent higher at 21,254.27 points. Wall Street also saw an upward trend. The latest investment plans of the new US President Donald Trump in the field of artificial intelligence (AI) created a positive mood on the stock market. Figures from major companies such as Adidas and Netflix were also well received.
On Thursday, investors will again be watching the next steps of the US head of state. Trump is due to join the World Economic Forum in Davos digitally from the USA in the late afternoon. A speech and subsequent dialog are planned. Among other things, he is expected to threaten trade tariffs, particularly against China, Canada and Mexico, but also against the EU. It can be assumed that this will be one of the topics during Trump's appearance.
In the corporate sector, DHL subsidiary Deutsche Post and the trade union Verdi are continuing their wage talks after a first round of talks at the beginning of the month failed to produce any results. Volkswagen is also likely to come into focus. According to analysts, the car manufacturer has slightly lowered its profit forecast for the core VW brand. The US reporting season also continues. The chip company Texas Instruments, among others, will present its quarterly figures.
Closing prices in Europe
Stock indices and
-futures on Wednesday
Dax 21,254.27
EuroStoxx50 5,205.83
EuroStoxx50 future 5,223.00
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Closing prices of the status Change in
US indices on Wednesday Percent
Dow Jones 44,156.73 +0.3%
Nasdaq
S&P 500 6,086.37 +0.6%
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Asian indices at 07:00 Change in
Thursday clock percent
Nikkei 39,997.54 +0.9%
Shanghai 3,234.75 +0.7%
Hang Seng 19,698.85 -0.4%
(Report by Zuzanna Szymanska, Daniela Pegna. If you have any questions, please contact our editorial team at berlin.newsroom@thomsonreuters.com (for politics and the economy) or frankfurt.newsroom@thomsonreuters.com (for companies and markets).)