2:15 PM · 29 April 2020

BREAKING: Dax soared above 11 000 pts!

German DAX jumped in afternoon trading on Wednesday and is trading at its highest level in seven weeks, ahead of US Federal Reserve and ECB meetings after weaker-than-expected first-quarter GDP figures for the US raised hopes of more stimulus measures. German index rose on positive news on Gilead coronavirus treatment. The company said that the third phase of Remdesivir testing is showing great results.

Dax (DE30) climbed above important 11 000 pts level. Source: xStation5

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