Recession worries are dwindling: DAX closes clearly in the black — Siemens Energy wants to achieve annual targets — Palantir disappoints with profit — Berkshire Hathaway, BioNTech, Bayer, Lufthansa in focus | news

The German stock market starts the new trading week higher.

Of the DAX had already started Monday trading with a clear plus and finally went 0.84 percent higher at 13,687.69 points at the end of the day. Also the TecDAX was positive throughout the trading day and ultimately closed 0.5 percent higher at 3,162 points.

Recession and interest rate concerns receded into the background on Monday. Already in the morning there was positive news from China with the strong growth in exports. This will give the Chinese economy new impetus, according to experts who had forecast a slowdown in export growth.

Among the individual stocks, the energy technology group Siemens Energy, which is listed on the MDAX, came into focus, which despite high losses was able to come up with a good order situation.

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Investors on the European stock markets were able to assert themselves against interest rate concerns on Monday.

Of the EURO STOXX 50 increased its initial gain and ended the day up 0.9 percent at 3,758 units.

Trade data from China provided positive impetus. The world export champion increased its exports by 18 percent in July, more than expected.

Meanwhile, fear of interest rates receded into the background. “In the meantime, a lot of negative things seem to have been discounted in the courses,” according to Dow Jones Newswires at Helaba.

In addition, the focus was again on the reporting season.

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Wall Street starts the new week with gains.

Of the Dow Jones then increased its initial gain of 0.23 percent at 32,877.36 points. Even the technology-heavy one NASDAQ Composite expands its plus in the further course of trading, after having risen by 0.36 percent to 12,703.72 points at the start.

Investors took heart from Friday’s US jobs report, which showed strong job growth. This means that fears of a recession are off the table for the time being. According to the Dow Jones Newswires, the risk that the US central bank could react to this with a tougher course is still being ignored on the market.

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At the beginning of the week, the Asian stock markets showed different signs.

In Tokyo he laid Nikkei on Monday ultimately increased by 0.26 percent to 28,249.24 points.

In mainland China, the Shanghai Composite at the close of trading by 0.31 percent to 3,236.93 places. Of the hang seng in Hong Kong, however, ultimately lost 0.77 percent to 20,045.77 units.

At the beginning of the week, the stock markets in Asia continued to fluctuate between economic optimism and interest rate fears. Overall, there was little movement on the stock markets, since neither of the two perspectives was able to prevail.

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