The DAX index is up by more than 1% as investors remain optimistic about the recovery of the global economy. The index is reacting to the upbeat German manufacturing and services PMI data, which signal that the German economy is recovering. The blue-chip index is trading at €12,421, with most companies being in the green.
Dow Jones
Dow Jones is bouncing back today as investors react to an underwhelming Trump rally and bullish calls from key analysts. The index is up by more than 200 points in the futures market. Similarly, the S&P 500 and Nasdaq index have jumped by more than 0.70%. The performance of the US indices is different from what is happening in Europe, where the DAX index has fallen by 0.62% while the FTSE 100 has fallen by 0.25%.
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