After the interest rate signals from the US Federal Reserve, investors on the European stock markets initially held back on Thursday. However, encouraging corporate balance sheets prevented larger losses. In view of the high rate of inflation and the good situation on the labor market, the US Federal Reserve signaled that interest rates would rise soon, with more to follow. “With the change of course that has now been initiated in monetary policy, the stock markets should have a hard time generating further highs in the current year,” believes Jürgen Molnar from Robo-Markets. Investors should have taken note that the Fed will probably disappear as a provider of liquidity in the coming months and years. the dax temporarily fell by 1.7 percent. Towards the end it turned positive and closed 0.4 percent higher at 15,524 points. Among the individual values in the Dax, Deutsche Bank shares stood out with a plus of 4.4 percent. The money house delighted its shareholders with a jump in profits and again with the prospect of a dividend.
In contrast, the papers of SAP slipped down after the confirmation of the preliminary quarterly figures. The titles of the software company lost almost six percent. A trader suspected that the announced takeover of the supplier fintech Taulia weighed on the mood. On the Madrid stock exchange, speculation about a possible complete takeover by Siemens Energy caused a jump in the price of Siemens Gamesa. Shares climbed 8 percent. Siemens Energy titles rose by 1.4 percent in the Dax. After the third profit warning from Siemens Gamesa within nine months, Siemens Energy is increasingly considering a complete takeover of the Spanish wind power subsidiary. In New York, the Dow Jones fluctuated around the previous day’s close and closed almost unchanged. Tesla shares fell by more than eleven percent here. The electric car maker reported record profits for 2021 but warned of ongoing supply chain problems. Netflix titles, on the other hand, rose 7.5 percent. The hedge fund Pershing Square took advantage of the online video store’s recent price losses to buy shares worth almost a billion dollars. Pershing is now Netflix’s largest shareholder with 20 percent.