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Dax current: US inflation data leave Dax cold – Teamviewer share rises by more than 15 percent

Dax curve

The leading German index had reached several new record highs in the last year of the stock market.

(Foto: Bloomberg Creative/Getty Images [M])

Düsseldorf As soon as the German stock market has ended its short-term downtrend, the mood is again friendly: the Dax has surpassed the 16,000 point mark at the start of trading. In the evening, the Frankfurt benchmark was at around 16,010 meters, an increase of over 0.4 percent.

The US inflation rate, which was published at 2:30 p.m. Central European Time, did not have a major impact on share prices. With an increase of seven percent for the month of December, the forecast was met exactly.

Without components susceptible to fluctuations such as energy and food, consumer prices rose by 5.5 percent year-on-year. Analysts had expected 5.4 percent. It is the highest core rate since February 1991. In November it was 4.9 percent. A greater deviation from the consensus estimates would have had the potential to shake up stock prices.

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Reference-www.handelsblatt.com

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