Currently, the German indices are not showing any new upward thrust, but rather a slight weakness. The DAX has fallen by about 0.29% today, standing at around 24,156 points, the MDAX lost 0.50%, the SDAX almost 1%, and the TecDAX is also in the negative, with a decline of about 0.37%.
Mixed Market Development
In contrast to the negative development in Germany, the US indices are recording slight gains: The Dow Jones rose by almost 0.07%, the S&P 500 by about 0.06%. Although the long-term annual changes show positive yearly gains for German indices (e.g., DAX +21.83% since the beginning of the year), currently, there is a lack of fresh upward trend or “thrust” in the market. The market development is thus rather mixed, with a slight recovery on the US side and weakness in Germany.
What Does This Mean for Investors?
For private investors and savers, the current market situation means that there are no clear signals for a strong upward trend in German stock indices at the moment. A cautious observation of the market remains advisable, as different economic factors in Europe and the US may contribute to this divergent development.
In short: A new upward thrust in the indices is currently not recognizable; German markets are slightly weakening while US markets are moderately rising.