LOGO
LOGO

European Market Updates

DAX Rallies On Dovish Fed Remarks

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

German stocks rose sharply on Tuesday as dovish comments from U.S. Federal Reserve policymakers outweighed concerns over the conflict in the Middle East.

The benchmark DAX rallied 245 points, or 1.6 percent, to 15,373 after losing 0.7 percent in the previous session.

Kontron AG, a maker of computer hardware and other technology products, jumped 6.4 percent after it has secured two design wins valued around 100 million euros from undisclosed parties.

Subscribe to continue reading the article.
This article is available exclusively to RTT Biotech Investor and Intelligent Investor subscribers. Subscribe with a RTTNews subscription.
Start Free Trial
FREE 7-Day Trial - No Payment Required
Already subscribed? Sign in

For comments and feedback contact: editorial@rttnews.com

Market Analysis

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19