US stock market in green – DAX gains – Boost in profits at Bank of America, Wells Fargo, Morgan Stanley and Citigroup – Evergrande owes payment in the millions for land acquisition – Zalando, Nordex in focus | news

The German stock market can continue to recover on Thursday.

Of the DAX increased by 0.65 percent to 15,350.72 points at the ringing of the starting bell. He continues to post premiums. Of the TecDAX meanwhile also clearly moves on green ground. It had previously started trading with a gain of 0.35 percent at 3,662.42 units.

On Thursday, the DAX remains on a recovery course. Wall Street is providing positive impetus. The minutes of the most recent US Federal Reserve meeting were published there the evening before. According to the experts at Credit Suisse, there are signs of a slow pace for the expected reduction in bond purchases.

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The European stock exchanges are again friendly on Thursday.

Of the EuroSTOXX 50 continues to grow, after gaining 0.12 percent to 4,088.14 points at the start.

Positive impulses from the US stock exchanges will also support the European markets on Thursday. It was well received by the market that the minutes of the latest Fed meeting published the evening before indicated a slow pace for the expected reduction in bond purchases, according to Credit Suisse. Derzet buys the US Federal Reserve monthly government and mortgage bonds amounting to 120 billion US dollars to support the economy in the pandemic. The volume could be reduced from mid-November.

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Friendly trading is observed in the US markets on Thursday.

The leading US index Dow Jones opened the session 0.19 percent firmer at 34,443.22 points and can then expand its profits further. The tech value index NASDAQ Composite also started 1.00 percent higher at 14,717.50 meters. In the further course it retains its positive tendency.

The trading day is all about the big US banks: After the big bank JPMorgan had already presented its figures for the past quarter yesterday, the competitors Bank of America, Morgan Stanley, Wells Fargo and Citigroup are following suit today. The institutes were all able to shine with profits.

In the reporting season that has just begun, investors should pay particular attention to the consequences of inflation. “Can companies defy these risks, or was the entire rally only fueled by the ultra-loose monetary policy,” Carsten Brzeski, ING’s global head of macro research, told Dow Jones Newswires. Investors wanted “to get a glimpse of how solidly earnings and companies are going into the tapering phase and the era of slightly higher interest rates.”

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The markets in the Far East went in different directions on Thursday.

The leading index won in Japan Nikkei ultimately 1.46 percent to 28,550.93 points.

On the stock exchange in Shanghai the lost Shanghai composite meanwhile 0.10 percent to 3,558.35 points. In Hong Kong there was no trading due to a public holiday. There was no trading there the day before due to a typhoon warning. The closed on Tuesday Hang Seng 1.43 percent lower at 24,962.59 units.

Investors on the Asian stock exchanges only ventured slightly out of their cover on Thursday.

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