Focus shifts to the strengthened DAX and increased Bitcoin: Nvidia, Meta, Deutsche Bank, DHL, BASF, Aumovio, SAP, Puma, Nike take center stage
In today's market update, we see a mixed performance across major indices, with the focus on innovative companies in sectors like pharmaceuticals, biotechnology, and healthcare.
The Dow Jones Industrial Average closed the day with a gain, up by 0.6% at 46,018.32 points. This rise was observed despite the tech-heavy Nasdaq 100 experiencing a loss, closing at 24,223.69 points, a decrease of 0.2%.
One of the key contributors to the Nasdaq's loss was Nvidia, which remained under pressure throughout the day.
Meanwhile, the S&P 500 closed with a loss of 0.1%, ending the day at 6,600.35 points.
Across the Pacific, Asian markets showed a mixed performance. The Nikkei 225 gained 1.2%, while the Hang Seng dropped 0.9%, and the CSI 300 decreased 0.4%.
In the US, strong performances from tech companies leveraging AI, such as Oracle, fueled optimism. AI-driven productivity gains are boosting corporate earnings amid favourable economic conditions.
European startups also attracted significant venture capital, particularly in Berlin and Munich, supported by new specialized VC funds emphasizing technological innovation and digital transformation.
DER AKTIONÄR will provide updates on significant developments and news throughout the day. Stay tuned for more updates as we continue to monitor the market.
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