^GDAXI Share Price & Live Data
DAX, Germany’s blue chip stock market index, has gained more than 9% today in the best day since the beginning of the coronavirus crisis. A limitless purchase of government-backed bonds initiated yesterday by the US Federal Reserve, as well as Germany’s stimulus package worth more than 750 billion euros has sparked the rally in equities across the globe today. Fundamental analysis: Germany announces massive stimulus package Yesterday, the Federal...
Germany’s main stock index DAX 30 trades around 10% lower today in another bloodbath for the European equities, while the UK’s FTSE 100 is having one of the worst days in its history. The Federal Reserve made additional cuts to further lower the rates and increase the liquidity, but without much success as stocks continued lower today as major indexes hit multi-year lows. European stocks smashed Another week and another equities bloodbath i...