Dax tops 18,400 points, Siemens Energy gains

It Dax On Wednesday, trade opened at 18,434 points, up 0.32 percent. It MDax: average shares rose almost 0.1 percent to 26,483 points.

The strongest DAX stock was Siemens Energy, with prices up about 1.8 percent. Beiersdorf was also able to have achievements.

The value of the shares is indicated at the end of the rating Porsche Holding. The newspaper lost up to four percent.

Investors today are paying attention to the key interest rate decision of the US Federal Reserve in the evening. However, market watchers do not expect a decline as US inflation is still well above the target value of two percent.

Inflation in Germany reached 2.4 percent in May

German inflation is also persistent. In May, for the first time this year, price inflation accelerated again. Consumer prices were 2.4 percent higher compared to the same month last year, as the Federal Statistical Service announced this morning in Wiesbaden. Thus, the government confirmed the initial data. The level of inflation is increasing slightly again, mainly due to the continuous increase in the prices of services, explained the head of the government, Ruth Brand. “Energy and food prices, on the other hand, have been restraining overall inflation since the beginning of the year.” Inflation had already stopped at a rate of 2.2 percent in April.

More than a year ago, consumers had to pay for services in May (plus 3.9). Insurance prices increased especially by 13.0 percent. Services of social institutions increased by 7.7 percent, and visits to restaurants by 6.9 percent.

New AI programs are compelling. Apple shares are soaring

US stock markets ended differently on Tuesday. US leading index Dow Jones Industrial lost 0.31 percent, reaching 38747 points. Technology-heavy Nasdaq 100: However, it increased by 0.71 percent to 19,210 points.

Apple’s price increases by 220 billion dollars

Top-Wert im Dow Jones war Apple: with an increase of almost 7.3 percent. The stock rose $14.03 to $207.15 (good for €190). This increased the cost iPhone manufacturer s from 2.96 to 3.18 trillion dollars (2.71 to 2.91 trillion euros) in one day. The increase of around 200 billion euros almost corresponds to the current total value of the most valuable German company SAP.

Investors reacted to the recently introduced new KI-strategies background Apple:. After much hesitation, the company is pushing the use of AI in its devices and apps. CEO of Apple Tim Cook clearly justified the high expectations of the market.

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